energy markets

Big oil companies are reporting significant profits as conflict in Iran disrupts energy markets, leading to sharp increases in oil and gasoline prices.

Chevron CEO Mike Wirth stated the Iran war has made energy markets 'somewhat fragile and uncertain,' citing risks to oil export transit paths. He emphasized concerns about potential disruptions to global energy supply routes.

Chevron Corp. expects fuel-making margins to remain elevated as long as energy markets stay 'under stress,' according to CEO Eimear Bonner. The statement highlights ongoing market conditions affecting the energy sector.

Drones have disrupted Kazakh oil exports, halting supplies and posing risks to the economy and energy markets. The conflict amid the Russia-Ukraine war is slowing oil flow from Kazakhstan.

U.S.-Iran strikes are escalating and impacting global energy markets. Trump has imposed double-digit tariffs on numerous countries. A vigil was held in Madison, Wisconsin, for a man killed by police.

The head of the International Fund for Agricultural Development warned that conflicts and energy market disruptions could push millions into hunger by increasing fuel, fertilizer, and food costs. A UN report highlights that progress against global hunger remains fragile, with over 500 million people projected to face chronic hunger by 2030, particularly in Africa. Rising energy prices and climate shocks are straining food systems, especially affecting small-scale farmers.

The head of the International Fund for Agricultural Development warned that conflicts and energy market disruptions could exacerbate global hunger by increasing fuel, fertilizer, and food costs. A U.N. report highlights that progress against hunger remains fragile, with over 500 million people projected to face chronic hunger by 2030, particularly in Africa.

Iran's recent attacks demonstrate its ability to disrupt shipping and energy markets, drawing in Gulf neighbors. The article questions how much leverage Iran holds over Washington and whether its high-risk strategy might backfire.

Oil prices surged as the Strait of Hormuz entered 'full conflict conditions,' contributing to heightened volatility in energy markets. The situation underscores ongoing instability in a critical global shipping route.

Iran's latest attacks demonstrate its ability to disrupt shipping and energy markets, drawing in Gulf neighbors. The article questions how much leverage Iran has over the US and whether its strategy could backfire.

The OECD has reduced its global growth forecast to 1.8% due to the Iran war causing disruptions in the Strait of Hormuz, which could lead to recessions in some countries.

The Kremlin has assured that Russia's macroeconomic stability remains intact despite fluctuations in energy markets. Spokesman Dmitry Peskov stated that the country's macroeconomic stability is 'not a matter of doubt for anyone.'

The White House stated President Trump will only sign agreements that serve US national interests and security. A spokeswoman cited recent energy market movements, noting oil prices fell after a memorandum was signed and predicting they would return to pre-conflict levels due to expected stability in global energy supplies and shipping routes.

A flood of oil is set to impact energy markets with millions of barrels of crude oil poised for release in the short term. The situation unfolds despite a fragile U.S.-Iran cease-fire and concerns about an uneven recovery.

China defends its role in stabilizing global energy and fertiliser markets during the Strait of Hormuz crisis, with Vice-Premier Ding Xuexiang asserting that China is a defender of global supply chains, not a disruptive force as claimed by the West.

Malaysia plans to lower subsidised diesel prices next month, citing growing confidence in diplomatic efforts to ease tensions in the Middle East. Malaysian Prime Minister Anwar Ibrahim attributed this decision to Pakistani Prime Minister Shehbaz Sharif's coordination of negotiations between the United States and Iran, which he believes will stabilize energy markets.

The US-Iran deal to reopen the Strait of Hormuz caused oil prices to drop to a three-month low, but conflicting details about tolls and timelines have left stakeholders cautious. Analysts warn that restoring fuel supplies will take time due to doubts about the agreement's durability.

Rebecca Babin and Dan Pickering discussed volatility, diversification, and returns in energy markets with Julie Fine at the Bloomberg Energy Security Executive Briefing 2026 in Houston. The event was hosted by Bloomberg.

The World Bank cut its 2026 global growth forecast to 2.5%, attributing the decline to the Middle East war's impact on energy markets and inflation. The bank described the conflict as harming the global economy worse than any crisis since the COVID-19 pandemic.

Rising inflation and energy prices in the US have intensified political divisions, with Democrats criticizing President Donald Trump's Iran policy and trade tariffs for worsening economic conditions. Senate and House leaders, including Chuck Schumer and Hakeem Jeffries, accuse Trump of starting a 'reckless war' with Iran, which they claim has spiked gas prices and eroded household incomes. Analysts link the conflict to global energy market disruptions, amplifying inflationary pressures.

The Independent reports that the economic consequences of the US-Iran conflict are affecting Britain, with rising costs for energy, food, and mortgages due to global market disruptions. The conflict has become a prolonged crisis, impacting advanced economies like Britain despite earlier signs of recovery.

Alex Fitzsimmons from the Department of Energy discussed energy markets, AI, and renewables at the Edison Electric Institute conference in Las Vegas. The conference focused on balancing demand growth with affordability in the energy sector.

Computer-based trend-following hedge funds have successfully capitalized on significant price fluctuations in energy markets, emerging as major beneficiaries of oil price volatility. Their strategies are now shifting focus in response to these market dynamics.

The Hill hosted its second annual Invest in America Summit, where lawmakers, regulators, and industry leaders discussed the evolving U.S. economy, focusing on artificial intelligence, President Trump’s tariffs, and energy markets.

New forecasts show two possible economic paths due to the Iran war: a modest slowdown if the conflict ends soon or a severe global hit if it persists, leading to slower growth and higher inflation. The OECD highlights vulnerabilities in energy markets, AI investments, and supply chains as critical factors shaping these outcomes.

MST Marquee Kavonic discusses energy markets, highlighting key trends and insights. The discussion focuses on market analysis and future prospects. Energy market dynamics are examined in detail.

The Iran war is causing significant disruptions in the global economy, with energy costs rising sharply and fears of a recession intensifying. Energy markets and everyday prices are being reshaped by the conflict's economic fallout.

Glencore’s traders have reported significant profits amid war-driven disruptions in energy markets. The article mentions freight train wagons being used for oil transportation, highlighting operational adjustments in the sector.

The UAE has announced its exit from OPEC, signaling a shift toward independent economic policies and a potential reconfiguration of Gulf oil politics. This move could impact global energy markets and regional alliances.

President Trump discussed domestic and international energy markets during a meeting with industry executives and officials at the White House. The meeting, hosted by Treasury Secretary Scott Bessent, included Vice President Vance and focused on an extended Iran blockade.

The United Arab Emirates will exit OPEC after nearly 60 years of membership on May 1, aiming to increase oil production amid volatile energy markets.

Central Asia is benefiting from a war disrupting global energy markets and trade routes, leading to increased regional influence and economic opportunities. The conflict has shifted trade dynamics, favoring Central Asian energy exports and logistics corridors.

Sphinx Protocol is abandoning its planned Cosmos SDK chain in favor of deploying on Base. The protocol focuses on onchain derivatives for the entire energy complex, targeting institutional hedging and real liquidity. The move to Base is strategic, leveraging its established infrastructure and growing DeFi ecosystem to attract serious market counterparties.

Iranian forces seized two ships in the Strait of Hormuz as Iran and the US imposed blockades on the critical shipping waterway, disrupting global energy markets. The standoff raises doubts about the resumption of stalled peace negotiations between the two nations.

Sen. Ed Markey (D-Mass.) accused the Trump administration of creating an 'energy apocalypse' in the Strait of Hormuz, which has disrupted global energy markets and led to rising fuel costs.

Bank of America's Michael Blanch warns that jet fuel and oil supply flows remain vulnerable following ongoing conflicts. The alert highlights risks to energy markets amid geopolitical instability.

Treasuries declined as renewed tensions over a potential ceasefire increase oil prices. The situation highlights ongoing geopolitical instability affecting energy markets.

Oil prices have increased following U.S. President Donald Trump's statement about an Iranian ship being seized. Energy markets have experienced significant volatility since the U.S. and Israel launched attacks on Iran on February 28.

The Hormuz Strait has been unblocked, but energy markets remain unstable due to ongoing issues such as mines, mistrust, and missing ships, leading to prolonged tightness. Geopolitical tensions continue to impact global energy trade.

7-Eleven plans to close 645 North American stores in 2026, exceeding new openings, due to economic pressures and inflation. The closures include converting to wholesale fuel stores, while the parent company Seven & i Holdings faces a 9.4% revenue decline.