WTI and Brent whipsawed as traders weighed a possible US-Iran bargain to reopen the Strait of Hormuz against continued attacks on Saudi energy infrastructure th

Only nine commodity carriers transited the strait on Thursday, underscoring how shipping is effectively throttled even before any formal reopening deal is reach

Record diesel prices and mixed signals on a potential export ban are roiling fuel markets, with analysts warning a ban would backfire by pushing US prices highe

The Petroline restart restores a key route that lets Saudi crude bypass Hormuz, easing some pressure on global supply.

Saudi diversion of flows from Yanbu amid Houthi attacks has strained ship-to-ship transfer capacity, driving tanker earnings to unprecedented levels.

Pump prices are on track to break September records by nearly 50 cents, a politically sensitive move ahead of US midterms.

Riyadh is working around Hormuz disruptions by redirecting flows, though traders say the workarounds are costly.

Cooling oil prices and easing bond-market pressure lifted equities after a global selloff, though yields remain near two-decade highs.

The Dutch government wants to end binding EU storage obligations after spending nearly EUR 1 billion this year, arguing the system is inadequate and costly.

The strike is the latest in tit-for-tat attacks on energy infrastructure between Russia and Ukraine even as US-brokered talks continue.

Falling crude and fading bond-market stress put European indexes on track for their first weekly advance in a month, though Middle East risks linger.

British diesel prices are near records, extending the global refined products squeeze into European consumer markets.

The increased shipping signals that some LNG flows are resuming even as the broader Hormuz standoff drags on.

Trump-backed financing for the flagship Argentine gas project signals growing US support for Latin American energy exports.

European benchmarks rose on supply concern tied to the strait, compounding pressure from the storage mandate debate.

Elevated crude and Federal Reserve pressure weighed on Asian equity markets including India, Indonesia and Malaysia.

Seoul is locking in long-term US gas supply as it targets lower reliance on Middle Eastern oil and gas by 2035.

London-listed stocks recovered as crude eased, though the index remains sensitive to swings in US-Iran diplomacy and energy costs.