Brent crude

Brent crude

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Are global oil stocks big enough to weather another six months of US-Iran war?

The answer is far from clear, depending not only on how ‌much oil remains in storage, but also on how much of it can actually be released

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, 24 June 2026. Photo: REUTERS/Stringer

Oil steady as Iran tempers hopes for swift Hormuz reopening

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Can the world survive without Gulf oil?

People look on with models of oil pump jacks seen in the foreground at China Petroleum & Chemical Corporation, or Sinopec, booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 2025. Photo: REUTERS/Maxim Shemetov/File Photo

Sinopec steps up Russian oil imports to offset Middle East supply cut: Traders and tracker

File Photo: Reuters

Oil ticks up after selloff as talks to end US-Iran war remain uncertain

Representational image. Photo: Reuters

Oil prices fall nearly 5% after US announces new Iran talks

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Iran says it sold $18b of oil during war, ceasefire

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Oil passes $100 a barrel again: Why it is more serious this time

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Why oil prices haven't gone crazy despite 5 months of US-Iran war

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Brent oil tops $90 as US, Iran expand strikes in the Middle East

Chevron Vice Chairman Mark Nelson and Iraqi Prime Minister Ali al-Zaidi pose for a photo at Chevron's Houston headquarters, Texas, US, July 16, 2026. Photo: Mark Felix/Pool via REUTERS

Western oil companies see 'fantastic' future in Iraq, sign agreements

Ships and boats in the Strait of Hormuz, Musandam, Oman, on 22 April 2026. Photo: REUTERS/Stringer/File

Hormuz traffic slows to multi-week low as renewed US-Iran strikes raise safety concerns

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil gains over 2% as fresh military strikes threaten Hormuz shipments