Danes urged to avoid driving as oil prices spike
Gasoline prices at a Uno-X gas station in Copenhagen, Denmark, on March 9, 2026. Nurphoto | Nurphoto |…
Southeast Asia shuts offices, limits travel as oil crisis deepens | US-Israel war on Iran News
Taipei, Taiwan – Governments and businesses across Southeast Asia are scrambling to stave off energy shortages as the…
Three more ships struck in the Gulf as Iran warns of oil hitting $200
Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP | Getty Images Three more foreign…
Why historic release of oil reserves may not tame surging prices | US-Israel war on Iran News
Global oil prices are continuing to surge despite the International Energy Agency’s (IEA) announcement of the largest release…
Iran war set to determine India’s trade route to Europe
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary…
Iranian Drone Strike Hits Oman’s Largest Oil Storage Facility
Iranian drones struck oil storage facilities at the Port of Salalah in Oman on Wednesday, marking the latest…
Europe prepares to approve historic emergency oil release – POLITICO
“The IEA has requested that oil reserves amounting to 400 million barrels be released,” Germany’s energy minister Katherina…
Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
The Strategic Petroleum Reserve (SPR) Bryan Mound storage facility located in Brazoria County, Texas, is one of four…
IEA agrees to release 400 million barrels of oil from strategic reserves | Energy News
Proposed release is larger than the 182 million barrels of oil that IEA members released after Russia invaded…
Not ‘a litre of oil’ to pass Strait of Hormuz, expect $200 price tag: Iran | US-Israel war on Iran News
Warning comes as 400 million barrels of oil are being released from global reserves during waterway’s closure. Listen…
IEA to release record 400 million barrels of oil to address Iran war
In an aerial view, the Strategic Petroleum Reserve storage at the Bryan Mound site is seen on October…
Ships under fire in Strait of Hormuz while US hammers Iranian minelayers – POLITICO
“For Europe, diesel and jet fuel are likely to become major issues in the next couple of months,”…