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24
Sep 2026
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Ceasefire on the brink of collapse: The US strikes Iranian speedboats in Hormuz, Iran hits oil facilities in the UAE

Escort operation for ships amid attacks and rising tensions – Fears of an energy shock and escalation in the Gulf

Oil prices jumped up to 5% after Iran’s claims of a strike on a US warship

Brent rally eases after U.S. officials deny incident near Strait of Hormuz

What’s happening with oil: Why it dropped from record highs of $126 to around $111 within hours

The role of Trump's statements, market fears of "demand destruction" and strategic stocks

Donald Trump met with Chevron and other oil giants: Concerns over the “war shock” in energy prices

The U.S. president regularly holds meetings with industry executives in order to stay informed about developments. Gasoline prices in the U.S. have reached $4.18 per gallon, the highest level since 2022

Oil: What the UAE–OPEC “divorce” means for energy markets

The Reuters report gathers early reactions from analysts following the United Arab Emirates’ decision to leave OPEC and OPEC+, highlighting what it could mean for the future of the organization and global energy markets — including implications for the United States

Reuters: United Arab Emirates withdraws from OPEC, a major blow to the oil cartel

The withdrawal of the United Arab Emirates intensifies pressure on the global oil market and reshapes geopolitical balances

Oil: Brent heading toward $110 due to Hormuz, with the Fed, BOJ, and fears of a new energy shock in focus

According to experts, it will take at least four to six months for the oil market to stabilize, and until then prices are likely to remain elevated

Russia confirmed the interruption of oil flows from Kazakhstan to Germany

"The Germans have given up Russian oil, so they are doing well," Novak said of Europe's decision to cut energy imports from Russia

Tankers convoy departs from the Gulf and passes through the Strait of Hormuz

The convoy consists of four LNG carriers and tankers for the transport of petroleum products and chemicals

Prices are surging for oil and gas as Trump issues threats and Iranians deploy human shields: What markets are betting on

Natural gas prices have doubled compared to the beginning of 2026, setting the tone for wholesale electricity pricing

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