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WTI jumps 3% as US crude stocks fall 8.6 million barrels
FRIDAY, OCTOBER 16, 2026
WTI crude closes at US$97.97 after a sharp US inventory draw, while markets weigh possible easing of sanctions on shadow-fleet tankers.
Brent gains 1.8% on October 12 after Saudi Arabia attacks
TUESDAY, OCTOBER 13, 2026
Brent reached its highest close since September 15 as attacks on Saudi Arabia outweighed the prospect of more Russian diesel supplies
Saudi export disruption lifts oil futures and sends some physical cargoes above US$130 a barrel on Sept 15
WEDNESDAY, SEPTEMBER 16, 2026
Saudi export disruptions lift Brent and US crude futures to their highest closes since May 19, as buyers seek alternative supplies
Iran and US shipping attacks intensify, push oil above US$100
THURSDAY, SEPTEMBER 10, 2026
Iran and US report tanker attacks, a seafarer dies off Dubai and missiles target a US base in Jordan, while Brent crude rises above US$100 a barrel
Iran threatens wider Gulf restrictions as regional fighting escalates
WEDNESDAY, SEPTEMBER 09, 2026
Iran’s proposed Gulf exclusion zone adds to shipping fears as Houthi strikes wound 73 in Saudi Arabia and US forces hit Iranian tankers.
US threatens Iran’s business partners in ‘Economic D-Day’ campaign
TUESDAY, AUGUST 25, 2026
Washington is expanding sanctions to cut Tehran’s global revenue channels and pressure Iran to halt attacks and reopen the Strait of Hormuz.
Houthi tanker attacks lift oil prices, widen Red Sea risk
FRIDAY, JULY 24, 2026
Trump threatened Iran with military action after Houthi attacks on Saudi tankers sent Brent crude above US$100 a barrel
Kuwaiti tanker Kaifan hit near Strait of Hormuz, crew injured
TUESDAY, JULY 21, 2026
The Kuwait-flagged tanker KAIFAN (IMO 9656046) was struck near Oman, leaving two crew members injured and forcing preparations to abandon ship
US strikes Iran as oil sanctions return over ship attacks
WEDNESDAY, JULY 08, 2026
US forces launch new strikes on Iran after tanker attacks in the Strait of Hormuz, while Washington restores oil sanctions on Tehran
First tankers cross Strait of Hormuz after US–Iran deal as Israeli strikes in Lebanon fuel doubt over fragile regional calm
FRIDAY, JUNE 19, 2026
Oil tankers resume passage through the Strait of Hormuz after a US–Iran agreement, but renewed Israeli strikes in Lebanon raise questions over the durability of the fragile peace framework