energy News
Oil surges past $104 as Hormuz blockade threat roils markets
Geopolitical crisis sends energy prices soaring, positioning major producers to benefit from supply shock
Oil prices surge as US Hormuz blockade threatens global energy supply
Analysts project $5-10 per barrel jump as 20% of world oil trade faces disruption
Energy stocks face volatile trade as Iran ceasefire doubts persist
Oil prices retreat from conflict peaks as Strait of Hormuz remains restricted, keeping markets on edge
Oil surges as Strait of Hormuz remains closed despite ceasefire
Energy markets question durability of truce as Iran restricts passage through critical waterway handling 20% of global oil supply
Exxon warns 6% production hit from Middle East war disruptions
Qatar LNG train attacks expected to take months to repair; $4.1-5.7bn in financial losses projected
Valaris secures $447M Petrobras extension into 2030
Offshore driller extends DS-4 drillship contract, reinforcing Brazil's deepwater drilling dominance
Oil surges past $114 as Hormuz blockade fuels supply crisis
Energy stocks rally 22% in 2026 as J.P. Morgan warns Brent could hit $150 in worst-case scenarios
US loans 10M barrels from SPR as Iran oil crisis deepens
Emergency release part of historic 400 million barrel IEA coordination amid Strait of Hormuz disruption