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Friday
13
Mar 2026
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Oil: Brent holds $100 as Iran conflict enters third week

Energy markets remain tense, with oil holding above $100 as the conflict between the US, Israel and Iran escalates and navigation in the Strait of Hormuz remains restricted

Oil markets remain nervous, Brent above $90 again

The oil market remains highly volatile, with prices affected by the conflict in the Middle East and discussions about a possible release of strategic reserves

South Korea imposes a fuel price cap for the first time in 30 years due to the surge in oil prices

The rise in oil prices, due to the crisis in the Middle East, is pushing South Korea to take emergency measures

Oil market hikes at $120 a barrel: G7 finance ministers hold an emergency meeting

Crude oil at its highest levels since 2020 - G7 countries consider coordinated release of strategic oil stocks in cooperation with the IEA in an effort to stabilise energy markets