Falling inventories and prolonged supply disruptions could keep oil elevated, with physical benchmarks already above $100 and no clear path toward U.S.-Iran de-escalation.

The latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the vessels was hit off the coast of Kharg…

Oil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic has heightened fears of a supply shock,…

Tanker attacks in Strait of Hormuz spark fears of wider supply disruption

Global oil prices remain below one hundred dollars per barrel. Significant volumes continue to flow through the Strait of Hormuz. Gulf exporters utilize alternative routes and…

Brent crude remains below $100 despite Middle East supply disruptions as alternative routes, higher non-OPEC output and weaker demand offset shortages.

Renewed fighting stokes fears of deeper disruptions