Oil prices retreated from $100/bbl on reports of US-Iran diplomacy and continued Red Sea oil flows, easing supply concerns but posting a strong weekly gain.

Retail gasoline prices climbed sharply nationwide as the Iran war disrupted crude supply routes, with states like Connecticut, Idaho, Louisiana and California s

Dual disruptions at the Strait of Hormuz and Bab el-Mandeb are tightening global oil flows, with tanker crossings slipping and physical crude prices jumping to

Saudi Arabia's Red Sea crude exports from Yanbu have fallen 41% to 2.39 million bpd, undermining the kingdom's strategy to bypass Hormuz disruptions via the Eas

Houthi attacks hit Saudi Arabia's Jizan refinery and Yanbu terminal, compounding supply disruptions in the Red Sea.

Indian refiners seek alternative crude from Angola and Venezuela as term supplies from the Middle East are disrupted, while India also expands strategic oil res

Analysts warn that spiking energy prices from the Iran conflict, combined with tariffs and AI spending, are reawakening global inflation fears and a stagflation

Morningstar warns the global energy crunch is entering a more dangerous phase due to the convergence of Middle East conflict, supply disruptions and demand pres

Wall Street ended a volatile week with stocks stabilizing as oil prices fell on hopes for Pakistan-brokered US-Iran peace talks, though the Nasdaq slipped on ch

Japan has secured sufficient crude oil supplies amid the escalating conflict, including receiving a first-ever tanker delivery of Mexican crude.

Russia's largest Black Sea oil export terminal has effectively gone offline after drone attacks, tightening another global crude supply artery.

The European Commission will waive penalties for oil and gas companies breaching methane emissions law for three years, following US pressure and energy securit

The European Commission will waive penalties for oil and gas companies breaching methane emissions law for three years, following US pressure and energy securit

Analysts warn the IEA may need to release additional strategic petroleum reserves if Brent crude remains above $100/bbl.

The US supplied approximately 93% of the world's additional LNG in 2025, solidifying its position as the global LNG superpower.

The US rig count fell to 587 as oil drillers paused activity despite oil prices hovering near $100, according to Baker Hughes data.

The US Department of Energy is offering $65.5 million to support domestic oil, gas and pipeline infrastructure amid supply disruptions.

Italian energy major Eni will acquire around 320 service stations across Austria, Denmark, Germany and Switzerland.