Browsing Tag
Brent crude
55 posts
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.
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.
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.
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-$120 oil spike. Dow closed up 239 points after plunging 900 in a historic single-session swing.
PBR stock hits 52-week high after Petrobras reports R$ 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.
‘Make Iran great again’: Trump demands full surrender, vows to pick Iran’s next leader
Trump demands Iran's unconditional surrender, rejecting any deal. Oil hits $90. Iran vows to fight on as Strait of Hormuz remains closed and markets fall.
Oil crosses $90 as Gulf states run out of storage: Kuwait cuts, Qatar declares force majeure
Brent crude hit $92.69 and WTI closed at $90.90 as the Strait of Hormuz closure forced Kuwait output cuts and Qatar to warn of $150 oil within weeks.
World’s biggest oil chokepoint closed: What the Iran crisis means for energy prices globally
Iran closes the Strait of Hormuz after US-Israel strikes; Brent crude surges 14% to $83, European gas up 70% as QatarEnergy halts LNG production.
Iran threatens $200 oil as Strait of Hormuz closure declaration sends markets into shock
Iran's IRGC declared the Strait of Hormuz closed March 3, 2026, threatening vessel strikes as Brent rose 13% and Maersk suspended all Persian Gulf transit operations.
Can Ecopetrol’s $7.2bn capex keep production stable while going green?
Ecopetrol plans to invest up to $7.2 billion in 2026, prioritizing oil production and operational discipline while cautiously advancing energy transition goals.