Brent crude

Brent crude

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

Brent crude futures stood at $83.54 a barrel, off 1 cent, by 0643 GMT, while US West Texas Intermediate crude futures fell 15 cents, or 0.2%, to $78.03 a barrel

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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

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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

Representational image. Photo: Reuters

Oil rises as US strikes on Iran raise fears over shaky truce