×
GreekEnglish

×
Thursday
23
Jul 2026
weather symbol
Athens 25°C

> oil

> oil

Oil: Nearly 6% jump in prices with Brent at $108 and uncertainty growing

Continued tension in the Middle East pushed crude to a new high of nearly 6%, with markets worried about new supply disruptions and prolonged energy instability

International Energy Agency: Even if the war ends now, it will take six months to restore oil and natural gas flows

The problem will worsen as long as energy flows from the Middle East remain blocked, noted the head of the organization, Fatih Birol

Oil reaches $114, European natural gas jumps 30% after strikes on Middle East energy infrastructure

Strikes on critical energy facilities in the Middle East, as markets price in serious disruptions to global supply

Ankara proposes extending the pipeline linking Turkey and Iraq as an alternative to the Strait of Hormuz

This proposal was presented in an interview by Turkey’s Energy Minister as an alternative solution in case the Strait of Hormuz is closed

Oil in Europe is heading toward $110 after the strike on an Iranian natural gas facility – up 80% since the beginning of the year

The escalation of attacks on Iran’s critical energy infrastructure, such as the South Pars gas field, is triggering a new surge in prices

Reuters: daily oil production from the United Arab Emirates down over 50%

Oil production in the UAE has fallen dramatically following the escalation of the conflict with Iran and the disruption of commercial shipping in the Strait of Hormuz

Over 400 million barrels of oil reserves released to the market by the International Energy Agency

Governments of IEA countries have pledged to make available 271.7 million barrels of oil from government reserves, 116.6 million barrels from industry's mandatory stocks and 23.6 million barrels from other sources

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

UBS: The good, the bad and the “ugly” scenario for oil and natural gas

Oil remains the most immediate indicator of geopolitical risk – Brent crude oil could range from $80 to $150 across UBS scenarios, while European gas could move between €50 and €80

Fuel price rally: Unleaded could reach €2 per liter by the end of the week if Brent’s surge continues

Increases of up to €0.40 for gasoline and €0.60 for diesel – Energy costs are at the forefront of the Eurogroup meeting

Previous
Load more