Tag: global oil supply

European leaders scramble to contain looming diesel price surge after Saudi pipeline attack

International September 17, 2026 at 16:39

The Saudi oil pipeline shutdown is adding pressure to global energy markets after attacks forced the temporary closure of the 1,200-kilometre East-West pipeline, a...

Oil prices top $90 a barrel amid rising Middle East tensions

Economy July 20, 2026 at 10:52

Oil prices rose above $90 a barrel during Asian trading on Monday, reaching their highest level since June as the escalating conflict in the...

Oil prices fall more than 4% after US-Iran agreement

Economy June 15, 2026 at 10:17

Oil prices dropped by more than 4% on Monday after the United States and Iran announced an agreement to end the conflict and reopen...

First Russian crude oil shipment arrives in Japan

International May 5, 2026 at 10:49

Concerns over Japan's oil supply have intensified after a shipment of Russian crude oil arrived in the country for the first time since shipping...

US and Iran agree ceasefire; Strait of Hormuz to reopen

International April 8, 2026 at 08:53

Pakistan mediates last-minute breakthrough The United States and Iran agreed to a ceasefire late Tuesday following a last-minute diplomatic intervention led by Pakistan, halting a...

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