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Oil Prices

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Ukraine Hits Tuapse Oil Refinery for Third Time in Escalating Drone Campaign

The campaign tests whether deep strikes can raise Russia’s costs without cutting its oil income.

UAE to Quit OPEC and OPEC+ on May 1, Shaking Saudi-Led Cartel

UAE Quits OPEC and OPEC+ Effective May 1

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BP Flags ‘Exceptional’ Q1 Trading After Iran Conflict Drove Price Swings

Iran War Upends Global Energy Trade as Buyers Scramble for Alternatives

India Restarts Iranian Oil Imports as Gulf Tensions Disrupt Flows

Strikes Leave Russia’s Baltic Oil Hubs Largely Offline, Forcing Export Reroutes

Russia Bans Petrol Exports by Producers Through July

Russia Bans Gasoline Exports From April 1 to July 31

EU Postpones Plan to Cement Russian Oil Ban Into Law

BlackRock’s Fink Urges Staying Invested and Proposes Retirement Reforms to Broaden Ownership

Iraq and Kurdistan Restart Kirkuk–Ceyhan Oil Exports After Baghdad–Erbil Deal

U.S. Eases Venezuela Oil Sanctions, Letting PDVSA Sell Under Tight Financial Controls

Tharoor Urges India to Lead Push to End West Asia War as Energy Squeeze Hits Home

South Africa Moves to Publish Oil and Gas Rules as Price Shock Intensifies

U.S. Shifts THAAD Interceptors From South Korea to Middle East, Stirring Indo-Pacific Jitters

Airlines Lift Fares Worldwide as Jet Fuel Costs Soar and Gulf Hubs Slow Operations

Pakistan Presses Diplomacy as Iran’s New Leader Threatens Retaliation and Gulf Shipping Is Hit

OPEC Confirms Saudi Output Jump to 10.88 Million bpd in February

Hormuz Disruption Forces Gulf Output Cuts as Oil Whipsaws From $120 Peak