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IEA warns global oil market could enter danger zone in July-August
FRIDAY, MAY 22, 2026
IEA chief Fatih Birol warns the oil market may face severe strain as summer demand rises and Middle East supply remains disrupted.
From sea to sand — Gulf logistics miracle keeps trade moving
SATURDAY, MAY 16, 2026
Gulf states are using trucks, rail, pipelines and Red Sea ports to keep trade moving as war shuts the Strait of Hormuz
Japan, Saudi Arabia form oil supply task force amid Middle East crisis
FRIDAY, MAY 08, 2026
Japan and Saudi Arabia will start talks early next week, while Japan and the EU stress stable energy markets, safer shipping and supply chains.
OPEC+ raises oil quota as Hormuz crisis keeps supply tight
MONDAY, MAY 04, 2026
Seven OPEC+ producers will lift June output by 188,000 bpd, but Hormuz disruptions mean relief for oil markets may remain limited.
UAE’s OPEC exit seen as ‘seismic shift’ as Abu Dhabi moves to sell oil before demand fades
WEDNESDAY, APRIL 29, 2026
Analyst Krissada Boonruang says the UAE’s OPEC withdrawal is a geopolitical turning point, driven by a “sell before the world changes” strategy.
Saudi Arabia hikes Asia oil price by US$17 as Thailand faces fresh fuel pressure
TUESDAY, APRIL 07, 2026
Saudi Arabia has raised its May crude price for Asian buyers by US$17 a barrel, stoking fears of another oil price surge in Thailand amid the Hormuz crisis
Crude oil surges as Qatar expels Iranian attachés, Saudi signals retaliation
THURSDAY, MARCH 19, 2026
Brent crude climbed to US$109.91 a barrel after Iran struck Qatar’s Ras Laffan gas complex, prompting Doha to expel Iranian military and security attachés within 24 hours.
Iran hits Gulf energy sites as Qatar gas hub burns and Saudi fury grows
THURSDAY, MARCH 19, 2026
Iran struck energy sites in Qatar and Saudi Arabia after Israel hit South Pars, raising fears over LNG, fertiliser and oil supplies across global markets
Formula One cancels Bahrain and Saudi Arabian Grands Prix amid Middle East conflict
SUNDAY, MARCH 15, 2026
Formula One and the FIA announced on Saturday (March 14) that the Bahrain Grand Prix and the Saudi Arabian Grand Prix will not take place in April because of the ongoing conflict in the Middle East.
Aramco warns of catastrophic impact if Strait of Hormuz stays blocked
WEDNESDAY, MARCH 11, 2026
Saudi Aramco says continued disruption in the Gulf could squeeze crude supplies, drain inventories and hit the global economy.