Asia·Jul 25, 2026
Thailand Slashes Diesel Refinery Margins to Cap Pump Prices Amid Red Sea Disruption
Government taps 3.89 billion baht in refinery profits to absorb global crude surge triggered by Saudi tanker attacks
By Priyanka V. Rao · 3 min ·
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Oil Markets
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Sustainability·Jul 25, 2026
Brent Crude Crosses $100 as Red Sea Tanker Strikes Add New Chokepoint Risk
Houthi attacks on Saudi vessels in Bab el-Mandeb compound supply fears as Strait of Hormuz traffic remains stalled, pushing oil prices to four-month highs
By Priyanka V. Rao · 3 min ·
Asia·Jul 24, 2026
Red Sea Tanker Strikes Push Brent Past $100 as Kazakhstan Cuts Production
Houthi attacks on Saudi vessels and pipeline disruptions in the Black Sea tighten supply routes, driving crude benchmarks toward their steepest weekly gains in months.
By Cheng Wei-Lun · 3 min ·
Sustainability·Jul 24, 2026
Red Sea Attacks Push Crude Above $100 as Middle East Choke Points Tighten
Dual blockades at Hormuz and Bab el-Mandeb threaten a quarter of global oil flows while OPEC+ prepares emergency output boost
By Priyanka V. Rao · 4 min ·
Sustainability·Jul 24, 2026
Brent Crude Tops $100 as Middle East Conflict Drains Global Oil Buffers
Red Sea attacks on Saudi tankers push benchmark prices past $100 for first time since May, with depleted reserves leaving markets fewer options to absorb shocks
By Rajesh K. Iyer · 3 min ·
Sustainability·Jul 24, 2026
Brent Crude Hits $96 as Middle East Conflict Tightens Global Supply Routes
US strikes on Iran and Houthi attacks on Red Sea tankers push oil to six-week highs, renewing inflation fears across Asian markets
By Priyanka V. Rao · 3 min ·
Sustainability·Jul 24, 2026
Brent Crude Breaches $100 as Tanker Strikes Choke Two Gulf Routes
Houthi attacks on Saudi vessels in the Red Sea compound disruption at the Strait of Hormuz, pushing oil prices to their highest levels since May as Asia's energy importers face mounting supply risks.
By Priyanka V. Rao · 3 min ·
Finance·Jul 24, 2026
Malaysian Ringgit Slips as Oil Shock Revives US Rate Hike Bets
Crude prices surge past $98 per barrel amid West Asia tensions, pushing the greenback higher and rattling Asian currencies.
By Priyanka V. Rao · 2 min ·
Sustainability·Jul 23, 2026
Oil Reaches Six-Week High as Dual Maritime Chokepoints Face Escalating Threats
Brent crude climbs above $94 as Iran-US tensions and Houthi blockade warnings force tankers to reroute, tightening near-term supply and widening backwardation to widest since May
By Priyanka V. Rao · 4 min ·
Asia·Jul 22, 2026
Saudi Oil Shipments Reroute After Yemen Blockade Threat
Houthi naval embargo forces tankers carrying crude to Asia back through Suez Canal as conflict disrupts Red Sea and Hormuz shipping lanes
By Priyanka V. Rao · 3 min ·
Finance·Jul 22, 2026
Oil Jumps as Iranian Strikes Target US Installations in the Gulf
Brent crude reaches one-month peak following escalation in Middle East conflict and renewed threats to Hormuz Strait oil transit
By Cheng Wei-Lun · 2 min ·
Finance·Jul 16, 2026
Oil Futures Climb After Trump Signals Potential Strikes on Iran Energy Infrastructure
Brent crude rose above $85 per barrel as US-Iran tensions escalated, with Washington resuming naval blockade and Tehran launching retaliatory drone attacks across the Gulf.
By Rajesh K. Iyer · 3 min ·
Asia·Jul 14, 2026
Trump Proposes 20% Charge on Oil Shipments Through Strait of Hormuz
U.S. president's announcement of new fee on cargo through critical Middle East waterway sends crude prices surging
By Cheng Wei-Lun · 3 min ·
Sustainability·Jul 14, 2026
Oil Climbs Above $72 as US Strikes Iran Over Strait of Hormuz Attacks
West Texas Intermediate rises 2.6 percent after American forces target Iranian positions following assaults on commercial shipping in critical energy corridor
By Cheng Wei-Lun · 2 min ·
Asia·Jul 8, 2026
OPEC+ Approves 188,000 bpd Output Hike as Hormuz Reopens
The producer alliance pushes forward with supply increases despite ongoing disruptions from the Iran conflict, as Brent crude slides back to pre-war levels near $72 per barrel.
By Priyanka V. Rao · 3 min ·