brent crude

Energy

What’s at Stake for Oil Markets after Iran Strikes?

Trump's strikes on Iran threaten the Strait of Hormuz, a critical chokepoint for 20% of global oil supply. Traffic has dropped sharply as Iran's 3.3M barrel

Maritime Security

U.S. Navy Declares Maritime Warning Zone Across Persian Gulf

The U.S. Navy declared a maritime warning zone across the Persian Gulf after strikes on Iran prompted retaliation, with oil majors suspending shipments through

Energy

EIA: Expanded U.S. Licenses Set Stage for Venezuela Oil Production Rebound

U.S. expanded licenses for Venezuelan oil exports are expected to restore PDVSA production to pre-blockade levels of 1.2M bpd by mid-2026. Vitol and Trafigura

Offshore

How a Hasty Move to Change the World’s Key Oil Price Unraveled

By Alex Longley (Bloomberg) — How do you measure the value of the world’s most important commodity? It’s a conundrum that brought uproar in the oil

Offshore

Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps

By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading