Browsing Tag
Brent crude
60 posts
ASX energy index climbs to highest level since April 2024 as oil shock drives broad sector rally
ASX energy stocks surge to a near two-year high as the Iran conflict drives oil above US$100. NHC, WDS, STO, VEA lead gains. Read the full sector analysis.
March 18, 2026
Strait of Hormuz standoff raises risks to global supply of antibiotics, diabetes drugs, and blood pressure medicines
Strait of Hormuz closure disrupts petrochemical feedstocks and logistics for India's generic drug sector, raising US prescription supply and pricing risks.
March 16, 2026
Brent crude tops $105 as Strait of Hormuz remains shut in largest supply disruption in global oil market history
Oil rises to $105 as US-Israeli war on Iran threatens Gulf export terminals and keeps Strait of Hormuz shut in the biggest supply disruption in history.
March 16, 2026
TotalEnergies shuts down 15% of global output as Middle East conflict disrupts Qatar, Iraq, and UAE offshore production
TotalEnergies confirms 15% of global output is offline across Qatar, Iraq, and UAE offshore as Middle East conflict escalates. Read why the company says an $8/b Brent rise offsets the 2026 cash flow loss.
March 15, 2026
Strait of Hormuz closure pushes oil to 2022 highs as Wall Street logs weekly loss amid Iran conflict
Brent crude settles above $100 and US stocks post weekly losses as the Strait of Hormuz closure fuels inflation fears and complicates Federal Reserve rate cut plans.
March 14, 2026
What does the US bombing of Kharg Island mean for the Iran war, global oil markets, and Strait of Hormuz shipping?
US Central Command bombed every military target on Iran's Kharg Island on March 13, 2026. Trump threatens oil infrastructure over Strait of Hormuz closure.
March 14, 2026
Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
US releases 172 million barrels from the Strategic Petroleum Reserve as IEA coordinates a record 400 million barrel drawdown amid Iran war supply disruption.
March 12, 2026
Aramco CEO says 6.7 million barrels a day lost as Hormuz shutdown surpasses every prior Gulf energy crisis
Saudi Aramco CEO Amin Nasser warns of catastrophic consequences for global oil markets as the Strait of Hormuz crisis deepens. Read our full analysis.
March 10, 2026
Oil’s $40 single-day collapse: Trump’s Iran war comment rewrites the market in one hour
Trump told CBS News the Iran war is "very complete," reversing a near-$120 oil spike. Dow closed up 239 points after plunging 900 in a historic single-session swing.
March 10, 2026
PBR stock hits 52-week high after Petrobras reports R$ 200bn operating cash flow in 2025
Petrobras (PBR) reports R$ 110bn 2025 net profit, US$ 20bn capex, and record 2.99M boed production. Read the full analysis.
March 7, 2026