#Oil Prices

Brent Oil Surges to $111.75: Five-Month High Amid Houthi Attacks on Saudi Arabia

Economy 10/20/2026, 17:12

Brent oil reached $111.75 a barrel, marking a five-month high. The surge was triggered by Houthi claims of attacks on Aramco facilities and Saudi airports, which Riyadh has not confirmed.

Read more →

Two Supertankers in a Day: Oil Crisis Unfolds in the Strait of Hormuz

Politics 10/18/2026, 10:08

Two oil supertankers carrying about 2 million barrels each were blown up in the Strait of Hormuz within a day. The IRGC links the incidents to attempts to pass the zone without coordination with Tehran.

Read more →

Brent Oil Exceeds $110 for First Time Since May: Market Reacts to Middle East Escalation and Refinery Strikes in Russia

Economy 10/17/2026, 11:44

On October 16, Brent crude futures rose above $110 a barrel for the first time since May amid a missile strike on Yanbu, attacks in the Strait of Hormuz, and a unit shutdown at the Ryazan refinery following a drone attack.

Read more →

Novak at Russian Energy Week: Moscow Ready to Stabilize Global Energy Market and Strengthen Infrastructure Protection Against UAV Attacks

Economy 10/17/2026, 10:49

Alexander Novak stated at the Russian Energy Week forum that Russia is ready to stabilize the global energy market and strengthen infrastructure protection against drone attacks.

Read more →

Billions for the Kremlin? Why Trump's Diesel Deal with Putin Won't Lower Prices in the US

Economy 10/13/2026, 14:25

Agreements on Russian diesel supplies to the US will bring billions to the Kremlin but cannot lower prices for American consumers due to small volumes.

Read more →

Did Not Agree With Trump? Speaker Johnson Did Not Blame Ukraine for High Fuel Prices

Politics 10/12/2026, 17:27

US House Speaker Mike Johnson stated that global oil prices are rising due to the situation in the Strait of Hormuz rather than Ukraine's actions, differing from President Trump.

Read more →

Oil Prices Surge: Analysts Reveal Two Key Reasons

Economy 10/08/2026, 13:58

Global oil prices jumped to 104.3 dollars per barrel due to escalating attacks in the Strait of Hormuz and production cuts in the US caused by a hurricane.

Read more →

"Lame Duck" Trump and Risks for Ukraine: What to Expect from US Midterm Elections

Politics 09/29/2026, 07:04

Upcoming US midterm elections intensify the Trump administration's pressure on Ukraine amid a fuel crisis and efforts to secure quick foreign policy victories.

Read more →

NBU lowers dollar and euro rates: impact of oil prices on Ukraine's economy

Economy 09/28/2026, 16:43

The National Bank of Ukraine lowered official dollar and euro rates for September 29. Experts warn that rising global fuel prices may pressure the hryvnia in the coming weeks.

Read more →

Trump Promises Soon End to War with Iran and Sharp Drop in Oil Prices

Politics 09/27/2026, 21:55

US President Donald Trump told journalists that the war with Iran will end soon, which will trigger a sharp drop in global oil prices and market stabilization.

Read more →

Brent and WTI Oil Diverge: Spread Hits $12.68 Amid US-Iran Talks

Economy 09/25/2026, 10:57

On September 25, Brent fell 0.82% to $105.73 and WTI fell 1.65% to $93.05 after a weekly high on the 24th. The spread between the grades reached $12.68 amid US-Iran ceasefire talks.

Read more →

Trump Announces an 'Energy Ceasefire' Between Russia and Ukraine: Why the Statement Is Premature and What Lies Behind It

Politics 09/15/2026, 22:05

Trump claimed that Moscow and Kyiv have agreed to an energy ceasefire, but experts call the statement premature. We examine Washington's motives, the Kremlin's vague reaction, and the chances of a real deal.

Read more →

Brent oil jumps to $107.51 as Houthis strike Saudi Arabia and a ship catches fire in the Strait of Hormuz

Economy 09/14/2026, 05:29

Brent crude futures rose to $107.51 per barrel, and WTI to $102.32, amid Houthi strikes on southern Saudi Arabia and an incident in which a vessel was hit by a projectile in the Strait of Hormuz.

Read more →

Houthis Strike Saudi Arabia and Reach Bab el-Mandeb: Yemen Enters an "Extremely Dangerous Phase" of the War

Politics 09/13/2026, 13:22

The Houthis carried out a missile-drone strike on a military base in Saudi Arabia and captured the port of Mukalla, reaching the Bab el-Mandeb Strait. The UN warns of an "extremely dangerous phase" of the war, and more than 46,000 people have already been displaced in Yemen.

Read more →

Iraq Boosts Export Capacity: Up to 1 Million Barrels via Syria and Ceyhan

Economy 09/12/2026, 07:01

Baghdad intends to raise oil throughput along the routes via Syria and the Turkish port of Ceyhan to over 1 million barrels per day, diversifying exports and reducing dependence on a single direction.

Read more →

WSJ: Iran resumes ballistic missile production in underground facilities after US and Israeli strikes

Politics 09/12/2026, 04:40

According to The Wall Street Journal, Iran has resumed the production of ballistic missiles in underground facilities after US and Israeli strikes, although production volumes remain below pre-war levels for now.

Read more →

Houthis reach Perim Island in the Bab el-Mandeb Strait: Reuters reports direct orders from Iran

Politics 09/11/2026, 18:26

According to Reuters, the Houthis reached Perim Island in the Bab el-Mandeb Strait on September 11, strengthening control over a key oil route. Direct orders from Iran are reported; Trump declined Saudi Arabia's request for strikes.

Read more →

Brent Crude Tops $108: Market Records Sharpest Weekly Gain Since July Amid Strait of Hormuz Escalation

Economy 09/11/2026, 07:54

On September 11, Brent crude rose to $108.68 per barrel, while WTI reached $103.45. Over the week, quotes grew by nearly 13% amid escalation around the Strait of Hormuz and the Red Sea.

Read more →