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Energy Prices Sink on Hormuz News
Oil and gas prices plunged as Iran signaled a temporary reopening of the Strait of Hormuz, easing supply fears.
4:37 PM EST | April 17, 2026
EIA Raises USA Fuel Price Projections for 2026, 2027
'Higher crude oil prices are leading to higher prices at the pump for gasoline and diesel', the EIA said.
9:59 AM EST | April 17, 2026
Iran Says Hormuz Strait Now Completely Open
Iran announced that the Strait of Hormuz is now 'completely open' for commercial traffic.
9:23 AM EST | April 17, 2026
Oil Prices Could Remain Under Pressure
Oil prices could remain under pressure amid hopes of a diplomatic breakthrough in the Middle East, BankPro CEO Paolo Broccardo said.
6:52 AM EST | April 17, 2026
Spirit Energy Reveals Proposal to Restructure UK Organization
'We are committed to supporting all our colleagues throughout the consultation process', Spirit Energy said.
5:27 AM EST | April 17, 2026
Crude Gains as Hormuz Blockade Persists
Traders remain cautious as ceasefire optimism clashes with severe supply constraints and global economic concerns.
4:19 PM EST | April 16, 2026
Bessent Says USA Won't Renew Iranian, Russian Oil Waivers
Treasury Secretary Scott Bessent reaffirmed that the U.S. would not renew general licenses that allowed for the temporary sale of certain Russian and Iranian crude.
10:24 AM EST | April 16, 2026
Rystad Says Energy Repair Costs from War Could Hit $58B
'The scope of damage has expanded materially,' Rystad Energy warned.
6:42 AM EST | April 16, 2026
Oil Prices Holding Firm
Oil prices are 'holding firm' today 'as the market digests a sharp pullback from war-driven panic levels', Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, said.
5:30 AM EST | April 16, 2026
Oil Stabilizes on Supply, Diplomacy Mix
Oil prices held steady as US inventory draws offset ongoing geopolitical uncertainty in the Middle East.
4:12 PM EST | April 15, 2026
Texas Petroleum Theft Task Force Holds Meeting
'More than 40 percent of oil and gas operators indicated that their operations have been impacted by theft in the past year', the RRC noted.
11:00 AM EST | April 15, 2026
EIA Boosts 2026 Brent Oil Price Projection to $96
The U.S. Energy Information Administration increased its 2026 Brent oil price projection in its latest short term energy outlook.
7:36 AM EST | April 15, 2026
Analyst Flags Peace Momentum but Gives Oil Market Warning
SEB Commodities Analyst Ole R. Hvalbye issued an oil market warning.
6:09 AM EST | April 15, 2026
Israel, Lebanon Negotiators Meet in Washington
While they mark the first direct talks between the two Middle Eastern countries in more than three decades, few officials expect an immediate positive outcome.
3:56 AM EST | April 15, 2026
Meloni Says It's 'Too Early' to Tap Russian Gas
Italian Premier Giorgia Meloni said it was too early to consider tapping Russian gas.
4:00 PM EST | April 14, 2026
Crude Tumbles on Ceasefire Progress
Oil prices fell sharply as signs of renewed US-Iran talks reduced immediate supply fears.
3:59 PM EST | April 14, 2026
North America Loses Rigs For 7 Straight Weeks
North America dropped 10 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:35 AM EST | April 14, 2026
Strait of Hormuz Now Fully Closed
The Strait of Hormuz is now essentially fully closed, SEB Chief Commodities Analyst Bjarne Schieldrop said.
6:29 AM EST | April 14, 2026
Oil Climbs but Truce Hopes Cap Gains
Analysts warn current prices understate the severity of supply disruptions and recovery timelines.
4:09 PM EST | April 13, 2026
Iran Threatens Gulf Ports as Trump Vows Hormuz Blockade
Iran said it would target all ports in and close to the Persian Gulf if its own shipping hubs are threatened.
9:45 AM EST | April 13, 2026
Trump Vows Hormuz Blockade after Failed Talks
The negotiations collapsed because of differences over the nuclear issue, Trump said.
3:10 AM EST | April 13, 2026
Oil Settles Lower Ahead of Iran Talks
Crude markets remain volatile with supply risks and geopolitical tensions unresolved.
4:04 PM EST | April 10, 2026
Lebanon and Hormuz Top of Agenda in Truce Talks
The US and Iran prepared for direct talks in Pakistan with the Strait of Hormuz still effectively shut and Israel and Hezbollah exchanging fire.
10:41 AM EST | April 10, 2026
Israel, US Signal Deescalation in Lebanon
Netanyahu agreed to hold talks with Lebanon.
4:42 AM EST | April 10, 2026
Iran, US Prepare for Talks as Israel Presses on in Lebanon
The U.S. and Iran prepared for peace talks in Pakistan with a fragile ceasefire largely holding, though issues such as Israel's offensive in Lebanon and the opening of the Strait of Hormuz remain unresolved.
4:30 AM EST | April 10, 2026
Tanker with Russian Flag Transits Hormuz
A Russian-flagged supertanker passed through the Strait of Hormuz into the Persian Gulf, marking a rare passage for one of the nation's ships as traders scrutinize every transit through the war-hit waterway.
4:20 AM EST | April 10, 2026
Crude Climbs as Hormuz Disruptions Persist
Oil rose as Hormuz disruptions and Saudi output cuts fueled supply concerns.
4:33 PM EST | April 09, 2026
China Oil Tankers Join Line Testing Hormuz and Iran Truce
Continued attacks - including Israeli strikes in Lebanon - have raised questions about the effectiveness of a ceasefire.
3:20 AM EST | April 09, 2026
Oil Plunges on Ceasefire Deal
Oil prices plunged after a US-Iran ceasefire eased fears of prolonged supply disruption.
3:53 PM EST | April 08, 2026
DOI Plans to Merge BSEE, BOEM
The U.S. Department of the Interior announced the start of a phased plan to establish the Marine Minerals Administration.
7:23 AM EST | April 08, 2026
Oil Sharply Reprices Lower
'The market remains highly headline-driven', Naeem Aslam, CIO at Zaye Capital Markets, warned.
6:20 AM EST | April 08, 2026
Iran, US Eke Out Truce
The U.S. and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz.
3:14 AM EST | April 08, 2026
Crude Sinks on Two-Week Iran Pause
Oil plunged and markets rallied after Trump agreed to pause strikes on Iran for two weeks.
7:50 PM EST | April 07, 2026
1 of 7 Stranded Malaysian Vessels Sails Through Hormuz
Malaysia has maintained cordial diplomatic ties with Iran.
4:00 PM EST | April 07, 2026
Crude Closes Mixed on War Signals
Oil prices closed mixed as traders weighed conflicting signals on Iran and supply risks.
3:59 PM EST | April 07, 2026
North America Drops More Rigs Week on Week
North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.
10:26 AM EST | April 07, 2026
Trump Says USA in 'Heated' Iran Talks
President Donald Trump said he was in 'heated negotiations' involving the war with Iran.
10:02 AM EST | April 07, 2026
Texas Upstream Employment Drops in January
Texas upstream employment declined at the start of the year, according to a statement sent to Rigzone by TIPRO recently.
7:37 AM EST | April 07, 2026
Oil Market Maintains Cautiously Bullish Bias
Overall, the oil market maintains a cautiously bullish bias, Naeem Aslam, CIO at Zaye Capital Markets, said.
6:30 AM EST | April 07, 2026
Crude Climbs On Escalation Fears
Oil prices rose as escalating US-Iran tensions raised fears of persistent supply disruptions through the Strait of Hormuz.
4:31 PM EST | April 06, 2026
Hormuz Traffic Rises to Highest in Weeks
Traffic through the Strait of Hormuz has climbed to its highest levels since the early days of the war.
12:00 PM EST | April 06, 2026
OPEC+ Decides to Boost Production in May
A statement posted on OPEC's website on Sunday revealed that Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman have decided to boost production next month.
10:02 AM EST | April 06, 2026
Oil Market Weighs Early Signs of Potential De-Escalation
'Reports of a possible agreement between the United States and Iran to halt hostilities and reopen the Strait of Hormuz have tempered supply concerns to a certain extent and pushed prices down'.
6:46 AM EST | April 06, 2026
Mediators Said to Seek Ceasefire as Trump Escalates Iran Threats
U.S., Iran and regional mediators are reportedly discussing terms for a possible 45-day ceasefire, but chances of an immediate deal appear low.
3:13 AM EST | April 06, 2026
Turkey Raises Energy Prices
Turkey raised electricity and natural gas prices by as much as 25 percent for households.
8:00 AM EST | April 04, 2026
Continental Boosting Oil Output as Prices Soar
Billionaire oil wildcatter Harold Hamm's Continental Resources Inc. plans to increase production.
4:00 PM EST | April 03, 2026
UK Holds Strait of Hormuz Meeting With 40+ Countries
'It is imperative that international law is respected and that Iran fully re-opens the Strait of Hormuz', a statement posted on the UK government website said.
8:37 AM EST | April 03, 2026
Why Has the WTI Oil Price Surpassed Brent?
Why has the West Texas Intermediate (WTI) oil price surpassed Brent?
6:23 AM EST | April 03, 2026
Oil Surges Above $110 on Iran Escalation
Oil prices surged above $110 as escalating US-Iran tensions raised fears of prolonged disruptions through the Strait of Hormuz.
4:06 PM EST | April 02, 2026
Oil Surges on Fears of Prolonged War
U.S. President Donald Trump is coming under increasing international pressure after he pledged to continue the war on Iran, sparking further turmoil in energy markets.
10:43 AM EST | April 02, 2026
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