Oil surges above $100 as US imposes blockade on Iranian ports, triggering global supply shock fears
Oil tops $100 as US blocks Iranian ports, sparking supply shock fears; gold drops as markets brace for inflation and trade disruption.
Follow oil and gas with Brent and WTI moves, OPEC signals, and supply-demand drivers.
China pays premium for Iranian oil above Brent for first time in years as supply risks reshape market
Chinese refiners now pay above Brent for Iranian oil due to supply risks, marking a shift from past discounts and highlighting supply security needs.
Oil approaches $100 as Hormuz disruption and ceasefire doubts trigger sharp supply risk repricing
Oil rebounds above $100 as Hormuz disruption and ceasefire doubts fuel supply fears, shifting market focus to geopolitical risk.
Hormuz Disruption Drives 22% Surge in Russian Gas Flows to Europe, Repositioning Moscow in Energy Markets
Hormuz disruption caused Russian gas exports to Europe to surge 22% in March, highlighting renewed reliance on Moscow amid LNG supply shocks.
Brent climbs above $104 as Hormuz disruption reshapes global oil risk pricing
Brent tops $104 as Hormuz tensions disrupt oil flows, driving prices up and fueling shortages in Asia-Pacific amid rising geopolitical risk.
Oil Prices Plunge Over 10% as Trump Pauses Strikes on Iran, Easing Supply Concerns
Oil prices fell over 10% after Trump paused planned strikes on Iran, easing supply fears. Markets await further diplomatic progress.
Saudi Aramco Reroutes Oil Exports to Asia via Yanbu Amid Strait of Hormuz Risks
Saudi Aramco is cutting April crude to Asia, rerouting exports via Yanbu due to Hormuz risks, reducing supply flexibility and impacting refiners.
US Natural Gas Rises to $3.2 as Middle East Energy Attacks Intensify Supply Risks New York
New York | EcoPulse24 US natural gas futures rose about 5% to around $3.2 per MMBtu, as escalating attacks on energy infrastructure in the Middle East forced markets to reprice supply risks at a criti
Australia Cannot Save the World's LNG Market But Tokyo Is Asking Anyway
Japan urged Australia to boost LNG output amid Gulf supply shocks, but Australia can't quickly expand capacity to meet urgent Asian demand.
Supertankers Crowd Red Sea as Saudi Arabia Accelerates Oil Exports to Bypass Hormuz
Saudi Arabia boosts Red Sea oil exports via Yanbu to bypass Hormuz, with supertankers crowding the port amid Iran war disruptions.
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