https://gnosly.com/feed/oil/Business Intelligence Console and Prediction Algorithms2681<p>A tanker heading outbound through the Strait of Hormuz has been struck on its port side by an unidentified projectile, the United Kingdom Maritime Trade Operations (UKMTO) agency is reporting. It added that the strike damaged the vessel but all crew are safe and no environmental impact has been reported.</p>https://aje.news/58u90m0.00502026-10-11T13:31:32.880536+00:005aljazeera.comiranoilhormuz2500https://www.aljazeera.com/wp-content/uploads/2023/11/Breaking-1699362877.svgHouthi2026-10-11T13:31:35.346131+00:002678<p>Senior Iranian military commander and deputy army coordinator Habibollah Sayyari says Iranian forces will continue to strike vessels in the Strait of Hormuz “if necessary”, Iranian media report. “We have dealt blows to enemy vessels, and if something happens against Iran again, we will strike at them. We are not tied, and we have facilities and capabilities that are specific and general in the world,” he said.</p>https://aje.news/58u90m0.00402026-10-11T11:20:20.029379+00:005aljazeera.comiranoilhormuz2672@MarcoFattoriniMarco Fattorini<p><strong>Konstantin Simonov, CEO of the Russian National Energy Security Foundation, interviewed by Corriere della Sera</strong>:</p><p>"If Trump really wanted to see a reduction in diesel costs, he could claim to have reached an agreement with Iran, opening the Strait of Hormuz. Then prices would truly drop. But he can't manage it. Curiously, he uses the word 'tonnes' because it's entirely atypical for his fellow countrymen in the industry. Oil workers always and only speak of 'barrels.' Perhaps this choice is meant to prevent the average American from understanding just how modest these 'fantastic' deals are."</p>https://x.com/MarcoFattorini/status/21091722510985502720.00602026-10-11T08:59:58.325086+00:002x.comtrumpdieselrussiaoil2492https://pbs.twimg.com/media/HUVI-tlX0AAKqUT?format=jpg&name=smallImage2026-10-11T08:59:58.758265+00:002653@BrennpunktUABrennpunktUA<p>Republican Representative Brian Fitzpatrick has just announced that a bipartisan coalition will soon introduce a bill to prohibit any purchase of Russian oil products – a reaction to the energy agreement reached between Donald Trump and Vladimir Putin. </p><p>The law is to be named the "Ronald Reagan Peace Through Strength Act" (Ronald Reagan Act for Peace Through Strength). </p><p>According to Fitzpatrick, the law is to be "forced to a vote in the full chamber via a so-called 'Discharge Petition' procedure and passed with an overwhelming majority." Should this succeed, the process could unfold very quickly. Rate this translation:</p>https://x.com/BrennpunktUA/status/21091119531928742520.00602026-10-11T07:21:18.651679+00:002x.comusoilrussia2473https://pbs.twimg.com/media/HUUSF2JWQAAzlsX?format=jpg&name=smallImage2026-10-11T07:21:20.609444+00:002652@joni_askolaJoni Askola<p>It’s insane that Trump signed the Lindsey Graham Act to sanction countries buying Russian oil, just to turn around and buy Russian oil himself</p>https://x.com/joni_askola/status/21088985577220302600.00402026-10-11T07:10:22.682250+00:002x.comtrumpoilrussia2472https://pbs.twimg.com/media/HURQDlwXAAA8tzI?format=jpg&name=smallImage2026-10-11T07:10:23.676465+00:002649<p>Source: aljazeera</p>https://www.aljazeera.com/news/liveblog/2026/10/11/iran-war-live-12-killed-in-riyadh-us-weighs-joining-fight-against-houthis?update=50359510.00502026-10-11T06:24:21.255961+00:005aljazeera.comiranusoilhormuz2469https://www.aljazeera.com/wp-content/uploads/2026/10/reuters_6acb214f-1791697231.jpgVessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran, October 6, 2026. Amirhosein Khorgooi/ISNA/via WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. ISRAEL OUT. NO COMMERCIAL OR EDITORIAL SALES IN ISRAEL. NO ACCESS FOR ISRAELI MEDIA. NO USE BBC PERSIAN. NO USE VOA PERSIAN. NO USE MANOTO. NO USE IRAN INTERNATIONAL. NO USE RADIO FARDA. DIGITAL: NO USE BBC PERSIAN. NO USE VOA PERSIAN. NO USE MANOTO. NO USE IRAN INTERNATIONAL. NO USE RADIO FARDA.2026-10-11T06:24:22.661799+00:002615@Maciej__CzajkaMaciej Czajka<p>Avoiding attacks in the Persian Gulf and sailing around Africa has paralyzed the global fleet. </p><p>When logistics eats up half the value of the raw material (freight now accounts for about 45% of WTI oil's value), global oil trade simply grinds to a halt.</p>https://x.com/Maciej__Czajka/status/21088681411114516840.00402026-10-10T14:41:09.157072+00:002x.comshippingoillogistics2434https://pbs.twimg.com/media/HUQzpBDWUAACBZY?format=png&name=smallImage2026-10-10T14:41:10.132565+00:002595@BillbrowderSir William Browder KCMG<p>But this accomplishes three very ugly things: </p><p>1) Trump can threaten Ukraine if they bomb any more of Putin’s oil refineries. </p><p>2) This can be used as a pretext for why Trump insiders can do dirty business deals with Russia. </p><p>3) This can open the door for more sanctions relief for Putin.</p>https://x.com/Billbrowder/status/21087899871142013700.00652026-10-10T09:58:30.588444+00:002x.comtrumpoilrussia2414IMAGE/media/content/2595/image.pngimage.pngpng2026-10-10T09:59:42.424960+00:002562<p>A senior Iranian Revolutionary Guard official said Wednesday that Iran will block all “illicit routes” through Hormuz, according to the Fars News Agency, an outlet considered close to the Guard. </p><p>The surge of attacks on tankers comes as crude oil exports from the Middle East rebounded in September to prewar levels, due in large part to the U.S. military escorting ships through Hormuz using a route along Oman’s coast.</p>https://www.cnbc.com/2026/10/09/iran-war-strait-hormuz-tanker-attack-oil.html0.00502026-10-10T05:15:50.822526+00:0026cnbc.comiranoilhormuz2386IMAGE/media/content/2562/g-20261008-hormuz-with-ships.webpg-20261008-hormuz-with-ships.webpwebp2026-10-10T05:21:27.272901+00:002543<p>Brent crude futures had fallen about $1.10, or 1.1 percent, to $103.18 a barrel by 13:30 GMT, Reuters reported. US West Texas Intermediate crude futures fell $0.49, or 0.5 percent, to $91.00. </p><p>The decline comes after prices recorded significant gains in Thursday’s trading.</p>https://www.aljazeera.com/news/2026/10/9/is-trump-signalling-a-return-to-war-with-iran-after-the-midterms0.00502026-10-09T15:20:40.500581+00:005aljazeera.comirantrumpoil2370IMAGE/media/content/2543/g-20261009-trump-speaking.webpg-20261009-trump-speaking.webpwebp2026-10-09T15:25:34.521586+00:002508@PGDynesPeter Dynes<p>Source: Peter Dynes (X)</p>https://x.com/PGDynes/status/21079352938399052140.00402026-10-09T09:34:18.078543+00:002x.comfireecologyoil2331https://pbs.twimg.com/media/HUDjBVaWwAAJBjH?format=jpg&name=smallImage2026-10-09T09:34:18.375530+00:002498Oil prices have fallen as Middle East supply concerns eased after US President Donald Trump said it will not attack Iran before US midterm elections next month. The price of Brent —the major international benchmark for oil prices— fell $1.37, or 1.3 percent, to $102.91 a barrel by 04:50 GMT. On Thursday, Brent crude had risen to $101.53 a barrel as of 01:16 GMT on persistent worries about supply from the Middle East amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz.https://aje.news/ws3jvj?update=50300990.00402026-10-09T07:09:25.306155+00:005aljazeera.comirantrumpoil2486@HedgeyeHedgeye<p>Source: Hedgeye (X)</p>https://x.com/Hedgeye/status/21082256571130801700.00402026-10-08T16:58:02.584838+00:002x.comsupertankeroilvlcc2303https://pbs.twimg.com/media/HUHeWxqX0AAU5ma?format=png&name=smallImage2026-10-08T16:58:03.825705+00:002478@chigrlTracy Shuchart (𝒞𝒽𝒾 )<p>Source: Tracy Shuchart (X)</p>https://x.com/chigrl/status/21082162586509272530.00502026-10-08T16:02:45.795452+00:002x.comrussiaukraineoil2291https://pbs.twimg.com/media/HUHjgfqWQAAwK27?format=png&name=smallImage2026-10-08T16:02:46.815645+00:002477@HedgeyeHedgeye<p>Source: Hedgeye (X)</p>https://x.com/Hedgeye/status/21082072031779103240.00402026-10-08T15:59:04.685886+00:002x.commarketoilfinance2290https://pbs.twimg.com/media/HUHbBojWMAAqr4m?format=png&name=smallImage2026-10-08T15:59:05.124312+00:002466<p>United States Trade Representative Jamieson Greer says the Strait of Hormuz is “essentially open”. We’re getting shipping through the Strait of Hormuz again. And we have countries coming together to go around it; to go around the Strait of Hormuz, to go around Iran. Whatever leverage they have left will go away in due course, Greer added. The representative credited US President Donald Trump for “setting back” Iran’s nuclear programme and described it as a “great outcome for the world”. Greer added that US Secretary of the Treasury Scott Bessent is “ratcheting up sanctions, not just on Iran itself, but also on third countries that are aiding and abetting it”.</p>https://aje.news/5iov8c0.00802026-10-08T14:51:29.000952+00:005aljazeera.comiranoilhormuz2276https://www.aljazeera.com/wp-content/uploads/2026/10/afp_6ac7a33c1fb9-1791468348.jpg?w=770&resize=770,513&quality=80Secretary of Treasury Scott Bessent (C), alongside US President Donald Trump (R) and Social Security Administration commissioner Frank Bisignano (L), speaks about "Trump accounts," investment savings accounts for children, in the Oval Office in the White House in Washington, DC on October 7, 2026. (Photo by Alex WROBLEWSKI / AFP)2026-10-08T14:51:31.677918+00:002436<p>Tanker attacked off Qatar as Iran claims route transporting oil through strait of Hormuz will be ‘closed’</p>https://www.theguardian.com/world/2026/oct/08/tanker-attacked-qatar-coast-strait-of-hormuz-iran-oil-price0.00302026-10-08T06:02:20.389897+00:0027theguardian.comiranhormuzqataroil2244IMAGE/media/content/2436/image.pngimage.pngpng2026-10-08T06:02:55.232608+00:002429Justina LeeOil gains as Middle East hostilities stoke supply worrieshttps://www.cnbc.com/2026/10/08/oil-prices-today-brent-wti-hormuz.html0.00402026-10-08T05:08:54.326804+00:0026cnbc.comsupplyoilmiddle-east2238https://image.cnbcfm.com/api/v1/image/108364361-1789650277260-gettyimages-2294896140-AA_15092026_2952186.jpeg?v=1789667988&w=240&h=180&vtcrop=yOil gains as Middle East hostilities stoke supply worries 2026-10-08T05:08:54.551727+00:002426<p>Source: Aljazeera</p>https://www.aljazeera.com/news/liveblog/2026/10/8/yemen-war-live-yemeni-forces-claim-key-heights-as-houthi-attacks-go-on?update=50269570.00302026-10-08T05:01:18.719309+00:005aljazeera.comirantrumpoil2425<p>Ali Mohammadi, deputy political commander of Iran’s IRGC Navy, has rejected the US president’s claims about the movement of oil and ships through the Strait of Hormuz. “If oil and ships are really passing through the Strait of Hormuz, why isn’t the oil market reacting accordingly? Because the market also understands that you are lying,” the Fars news agency quoted Mohammadi as saying. He also questioned US claims that the IRGC Navy had been destroyed, asking why US forces remained “600 to 700km away” (about 370 to 435 miles) and were not approaching the strait. Mohammadi said the IRGC Navy maintains “full oversight” of vessel movements in the Gulf, the Strait of Hormuz and the Gulf of Oman.</p>https://aje.news/5iov8c?update=50269210.00402026-10-08T04:57:53.339936+00:005aljazeera.comirgctrumpoilhormuz2424<p>Several casualties have been reported after a tanker sailing off the north coast of Qatar was struck by multiple projectiles, the United Kingdom Maritime Trade Operations (UKMTO) agency has announced. The vessel was hit by several projectiles 94km (58 miles) north of Madinat ash Shamal, UKMTO said on Wednesday. The incident comes as the maritime agency reported a recent rise in attacks on vessels in the Strait of Hormuz. UKMTO did not say how many people were killed or injured in this latest attack, adding that authorities were investigating. It did not specify the origin of the ship.</p>https://www.aljazeera.com/news/2026/10/8/tanker-hit-by-multiple-projectiles-off-north-coast-of-qatar-ukmto-says0.00602026-10-08T04:51:32.045657+00:005aljazeera.comqataroilhormuz2235https://www.aljazeera.com/wp-content/uploads/2026/10/GettyImages-2293771658-1791423375.jpg?w=770&resize=770,513&quality=80Commercial vessels and oil tankers sit anchored in the waters off Bandar Abbas in southern Iran's Hormozgan Province2026-10-08T04:51:33.900131+00:002420@SinaToossiSina Toossi<p>Extraordinary account from Bloomberg of what it now takes to move oil through Hormuz. One tanker captain describes sailing at night with no navigational lights, phones, or AIS, hugging the Omani coast under U.S. military protection, and maneuvering around a vessel that had just been attacked. His own ship was later targeted. The risks are so high that crews are being paid multiples of their normal salaries, with one shipowner reportedly offering six months of extra pay for Hormuz shuttle duty. More oil may be getting through, but at very high risk and cost.</p>https://x.com/SinaToossi/status/21078527153887234350.00502026-10-08T04:16:55.102364+00:002x.comoilhormuzbloomberg2231IMAGE/media/content/2420/20261008-hormuz-ships.jpg20261008-hormuz-ships.jpgjpg2026-10-08T04:18:34.715649+00:002407<p>Iranian media is reporting a 60 percent decrease in oil passing through the Strait of Hormuz, saying that the flow of crude oil has faced a significant drop in the last two days, reaching around 3.8 million barrels per day.</p>https://www.aljazeera.com/news/liveblog/2026/10/7/iran-war-live-yemen-forces-claim-control-over-strategic-taiz-mountain-peak0.00402026-10-07T15:40:01.095671+00:005aljazeera.comiranoilenergy2406The International Energy Agency (IEA) member governments have expressed support for accelerating oil stock releases in an attempt to reduce rising fuel prices caused by the closure of the Strait of Hormuz. According to IEA Executive Director Fatih Birol, the governments affirmed their commitment to the March 2026 Collective Action, in which member countries agreed to release 400 million barrels of oil from emergency reserves to address the supply disruption driven by the US-Israel war on Iran. The announcement comes after President Donald Trump threatened to ban US diesel exports if the Group of Seven countries did not release fuel into the markets. On Friday, the G7 agreed to release 100 million barrels of oil. In a statement, Birol said about 325 million barrels of oil have already been released under the agreement and added that the release of all the oil stocks pledged but not yet deployed would bring about 100 million barrels to market. Birol noted that some IEA member countries had released “greater volumes than they initially pledged”. He also said IEA countries “still have significant levels of publicly held emergency oil stocks – equivalent to around 1.1 billion barrels, including over 200 million barrels of diesel”.https://www.aljazeera.com/news/2026/3/11/iea-proposes-release-of-400m-barrels-of-oil-from-strategic-reserves0.00602026-10-07T15:34:09.278754+00:005aljazeera.comoilenergyfuel2217https://www.aljazeera.com/wp-content/uploads/2026/10/reuters_6ac65c88-1791384712.jpg?w=770&resize=770,513&quality=80The International Energy Agency chief Fatih Birol attends an interview with Reuters in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier2026-10-07T15:34:11.812126+00:002403@Beefeater_FellaBeefeater<p>When the line reaches the 6.8 mark, the global energy system will collapse.</p>https://x.com/Beefeater_Fella/status/21076288314777809160.00402026-10-07T12:14:16.904692+00:002x.comjpmorganoil2214https://pbs.twimg.com/media/HT_NQCaXYAAcE7h?format=jpg&name=smallImage2026-10-07T12:14:19.200445+00:002383<p>Salaries and bonuses spiral for seafarers willing to risk perilous trip through waterway in face of Iranian attacks</p>https://www.ft.com/content/0d665e5b-d8c8-4f1e-acf5-bba7193b4e6e0.00302026-10-07T06:17:13.094012+00:0012ft.comoilvlcchormuz2195https://images.ft.com/v3/image/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4c7c2b48-a025-48b9-9c64-9f6bbb8442cc.jpg?source=next-home-page&dpr=2&width=280&fit=scale-downShips’ captains paid $100,000 a month to transit Strait of Hormuz2026-10-07T06:17:13.424460+00:002376<p>Source: Aljazeera</p>https://www.aljazeera.com/news/liveblog/2026/10/7/iran-war-live-yemen-forces-claim-control-over-strategic-taiz-mountain-peak?update=50240970.00402026-10-07T05:56:24.309961+00:005aljazeera.comsaudi-arabiabrentoil2368@HormuzLetterThe Hormuz Letter<p>The fire started at a gas line connecting the refinery's diesel hydrotreater and halted the whole plant, including the boilers, eight sources told Reuters.</p>https://x.com/HormuzLetter/status/21076035206983233090.00502026-10-07T04:31:18.080551+00:002x.comvenezuelarefineryoil2186IMAGE/media/content/2368/image.pngimage.pngpng2026-10-07T04:31:45.316422+00:002363Usaid SiddiquiOil exports from the Gulf have resumed significantly in recent days, despite a surge in attacks on ships around the Strait of Hormuz, maritime experts and trackers say. Gulf oil flows, excluding Iran, recovered to more than 81 percent of pre-war levels in September, while crude exports from the wider Middle East exceeded pre-war levels on 14 days during the month, maritime intelligence firm Kpler reported. However, the recovery has come as attacks on tankers increase and shipping companies face higher freight, insurance and security costs. So, how are ships getting through the strait, and how long can producers maintain the increased flow through one of the world’s most important energy corridors while attacks and harassment of ships continue?https://www.aljazeera.com/news/liveblog/2026/10/7/iran-war-live-yemen-forces-claim-control-over-strategic-taiz-mountain-peak0.01002026-10-07T04:26:59.127489+00:005aljazeera.comshippingoilhormuz2181https://www.aljazeera.com/wp-content/uploads/2023/11/explainer-1699362886.svg?fit=109,20&quality=80Explainer2026-10-07T04:27:00.420025+00:002182https://www.aljazeera.com/wp-content/uploads/2026/09/getty_6ab52cdea8-1790258398.jpg?w=770&resize=770,513&quality=80An oil products tanker is anchored in the Strait of Hormuz off the coast of Bandar Abbas, Iran, on August 10, 20262026-10-07T04:27:02.185978+00:002357<p>The scramble is on for diesel, while damaged refineries and tight fuel supplies keep prices elevated around the world.</p>https://www.wsj.com/0.00402026-10-06T13:57:27.107074+00:0023wsj.comhormuzrefineriesoil2175IMAGE/media/content/2357/image.pngimage.pngpng2026-10-06T13:58:02.612528+00:002351<p>UK Maritime Trade Operations has said that it has received a late report of an ‘unknown projectile’ hitting a vessel transiting the Strait of Hormuz. The marine agency said that a verified source reported that an oil tanker transiting outbound was struck on Monday, but did not disclose any further details, adding that authorities are investigating.</p>https://www.aljazeera.com/news/liveblog/2026/10/6/iran-war-live-yemen-forces-reclaim-strategic-port-city-mocha-from-houthis?update=50216740.00602026-10-06T13:45:46.718983+00:005aljazeera.comukmtooilhormuz2171https://www.aljazeera.com/wp-content/uploads/2026/09/reuters_6ab6efc7-1790373831.jpg?w=770&resize=770,513&quality=80FILE PHOTO: Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 31, 2026. REUTERS/Stringer/File Photo2026-10-06T13:45:48.586981+00:002345@izakaminskaIzabella Kaminska<p>Source: Izabella Kaminska on X, quoting John Kemp </p>https://x.com/izakaminska/status/21073563685669318750.00402026-10-06T11:31:13.592634+00:002x.comoilvlcc2165IMAGE/media/content/2345/20261006-baltic-dirty-tanker-index.jpg20261006-baltic-dirty-tanker-index.jpgjpg2026-10-06T11:32:24.917232+00:002344Oil prices have fallen in Asian trading as markets continue to weigh the reliability of Middle East crude exports against concerns about supply disruptions amid ongoing fighting. Brent crude fell 0.75 percent to $99.57 a barrel at the time of reporting. US West Texas Intermediate crude also fell 1.2 percent to $88.37 a barrel, according to data from Oilprice.com.https://aje.news/rs4hx3?update=50211500.00502026-10-06T10:39:55.972698+00:005aljazeera.comcrudeoilmarkets2164https://www.aljazeera.com/wp-content/uploads/2026/10/getty_6ac34346d8-1791181638.jpgMUSCAT, OMAN - JUNE 19: A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Qaboos Port in Muscat, Oman, on June 19, 2026. The port as a hub for regional trade has become a crucial maritime traffic point. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reopening is unclear amid continued fighting in Lebanon and the need to clear the Strait of sea mines. (Photo by Elke Scholiers/Getty Images)2026-10-06T10:39:57.205370+00:002330Oil prices made slight gains as security concerns in the Middle East kept a geopolitical risk premium in the market. Brent crude futures were up 27 cents, or 3 percent, at $100.59 a barrel at 03:30 GMT, while US West Texas Intermediate crude futures rose 30 cents, or 0.3 percent, to $89.73 a barrel. “Shipping data shows regional crude exports actually exceeded pre-war levels on several days in late September. Alternative routes and logistical adjustments have somehow allowed producers to keep barrels moving despite the disruption around Hormuz,” said Priyanka Sachdeva, head of market insights at Phillip Nova.https://www.aljazeera.com/news/liveblog/2026/10/6/iran-war-live-yemen-forces-reclaim-strategic-port-city-mocha-from-houthis?update=50208360.00502026-10-06T08:10:38.051974+00:005aljazeera.commarketoilmiddle-east2328https://www.linkedin.com/company/the-kobeissi-letter/The Kobeissi Letter<p>The cost to ship 2 million barrels of crude oil from West Africa to China is now up to $27.22/barrel. To put this into perspective, in July, the cost for the same shipment was ~$6.50/barrel. That's a +319% surge in shipping costs in just over 2 months. The scramble for physical crude inventories is in full swing.</p>https://lnkd.in/p/dpgC894u0.00602026-10-06T08:04:15.981945+00:001linkedin.commarketshippingoil2149https://media.licdn.com/dms/image/v2/D4E22AQHFpPKwJJPAxg/feedshare-shrink_800/B4EaENYFBGIwAc-/0/1791225778576?e=1792627200&v=beta&t=rAfq4Mag5FoSdlW56Ica1jN8C3RVEg27n3-lp10fQj4View image2026-10-06T08:04:16.451364+00:002286Usaid Siddiqui<p>Middle East oil exports have climbed back above levels seen before the US-Israel war on Iran began in February, despite Tehran’s attempts to blockade the Strait of Hormuz and attack vessels. Michelle Brohard, head of policy and geopolitical risk at Kpler, recently said some countries could be paying Iran for passage through the Strait of Hormuz. “I suspect there is a toll that’s being paid, which is giving these ships safe passage,” she said in an interview last week with energy analyst Rory Johnston. “I also suspect that these countries know that this is unsustainable from a perspective of [the] US escorting [ships], and also unsustainable from them paying Iran 10 percent of their cargo, or 20 percent of their cargo.” Speaking to Al Jazeera, academic Abdul Khalique said while Brohard’s speculation that a transit-fee arrangement has been put in place may be “plausible”, it is best described as an “informal security mechanism rather than a formal maritime levy”. “No public proof confirms a systematic, state-run Iranian toll system,” said Khalique, head of the Liverpool John Moores University Maritime Centre. Read more here.</p>https://www.aljazeera.com/news/liveblog/2026/10/5/iran-war-live-fighting-in-yemen-intensifies-tehran-says-ready-for-us-war?update=50185480.00802026-10-05T14:33:12.991738+00:005aljazeera.comiranhormuzoil2109https://www.aljazeera.com/wp-content/uploads/2026/10/afp_6ac38466d176-1791198310.jpgShips anchored off the coast of Khasab in Oman’s Musandam governorate, near the Strait of Hormuz [AFP]2026-10-05T14:33:14.435214+00:002267<p>The ongoing global squeeze on crude oil and refined fuels is likely to worsen, the head of Saudi state oil giant Aramco says. Refilling global stockpiles tapped under emergency measures could take two years, said Aramco Chief Executive Officer Amin Nasser. “Until Hormuz fully ⁠reopens and confidence returns, ⁠the crude reality is that pressure at both ends ⁠of the barrel will intensify,” Nasser told the Energy Intelligence conference in London. “⁠Even then ⁠replenishing inventories while meeting demand could take up to two ‌years,” he added.</p>https://aje.news/x7vu51?update=50179500.00402026-10-05T09:37:29.490926+00:005aljazeera.comoilenergyaramco2263<p>The army of Yemen’s internationally recognised government says it has “succeeded in controlling” the Bab al-Mandeb strait and recaptured a nearby airport in the coastal town of Dhubab in the governorate of Taiz. In a series of posts on X, Brigadier General Majid al-Nuzaili said Yemen government forces had taken over the airport and tightened control in the area. Some Houthi fighters escaped via boat after being besieged, he added. Yemen’s government forces earlier said they seized the Dhubab district during a “decisive military operation” against the Houthis. The military operation is ongoing, al-Nuzaili said.</p>https://www.aljazeera.com/news/liveblog/2026/10/5/iran-war-live-fighting-in-yemen-intensifies-tehran-says-ready-for-us-war?update=50178260.00702026-10-05T09:19:03.317794+00:005aljazeera.comyemenbab-al-mandeboil2086https://www.aljazeera.com/wp-content/uploads/2023/11/developing-1699362882.svgDeveloping2026-10-05T09:19:04.309283+00:002262A US-sanctioned Iranian petrochemical producer has generated $10bn in oil export revenues over the past two years, “having successfully navigated the constraints of the sanctions era and wartime conditions”, according to the Fars News Agency. The Persian Gulf Petrochemical Industries Group (PGPIG), which is also a public holding company, submitted a report to the Iranian government that said the firm has entered a phase of “surging profitability and development”. “Last year, the company’s net profit reached 187.5 trillion tomans [nearly $700m] – a 67.4 percent increase over the previous year – while production volume rose by 2 million tonnes compared to the prior year,” it said. “During the critical period marked by imposed conflict and a naval blockade, and despite numerous challenges, the holding’s trade and export operations continued around the clock,” it said. “Over the past two years, nearly $10bn in export revenue generated by the holding’s subsidiaries was repatriated to the country through the established financial and banking system.” In 2019, the US sanctioned the PGPIG for providing financial support for the economic arm of the IRGC, Iran’s elite military unit in charge of its ballistic missile and nuclear programmes.https://aje.news/x7vu510.00602026-10-05T09:15:43.654900+00:005aljazeera.comiransanctionsoil2258@SoarAtlasSoar Atlas<p>The pipeline had only recently begun to recover from the September attacks.</p>https://x.com/SoarAtlas/status/21070137604353395880.00502026-10-05T08:39:45.803448+00:002x.comsaudi-arabiaoilpipeline2082IMAGE/media/content/2258/image.pngimage.pngpng2026-10-05T08:40:41.501530+00:002254https://www.linkedin.com/in/charles-henry-monchau-cfa-cmt-caia-4003096/Charles-Henry Monchau, CFA, CMT, CAIA<p>It was less than $50,000 a day before the war started, and ~$1.1 million when I first published the chart in September</p>https://lnkd.in/p/dviuJzgC0.00602026-10-05T08:10:22.401915+00:001linkedin.comoilvlcc2076IMAGE/media/content/2254/image.pngimage.pngpng2026-10-05T08:12:57.825743+00:002251Ship-tracking firm TankerTrackers.com says satellite imagery showed at least 19 ship-to-ship transfers of oil and other energy products in the Gulf of Oman yesterday. It said 11 of the transfers involved crude oil, two involved liquefied natural gas, and the rest were of refined products, including petrol and diesel. Analysts have cited a surge in ship-to-ship transfers as one of the main reasons for the rebound of oil exports out of the Middle East despite the ongoing war and blockades by Iran and the US. It involves the use of tankers that shuttle back and forth across the Strait of Hormuz to offload their cargo onto other tankers waiting in the Gulf of Oman.https://aje.news/x7vu510.00602026-10-05T07:26:15.718508+00:005aljazeera.comshippingoilenergy2074https://www.aljazeera.com/wp-content/uploads/2026/10/getty_6ac34346d8-1791181638.jpg?w=770&resize=770,513&quality=80MUSCAT, OMAN - JUNE 19: A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Qaboos Port in Muscat, Oman, on June 19, 2026. The port as a hub for regional trade has become a crucial maritime traffic point. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reopening is unclear amid continued fighting in Lebanon and the need to clear the Strait of sea mines. (Photo by Elke Scholiers/Getty Images)2026-10-05T07:26:18.478422+00:002245Oil prices have dipped following reports that crude exports from the Middle East have risen above the levels from before the US-Israel war on Iran, according to Reuters. Brent crude futures fell 1 percent to $101.18 a barrel as of about 04:30 GMT, while US West Texas Intermediate crude was at $90.12 a barrel, down 1.03 percent, a few hours earlier. As we reported earlier, crude exports from the region exceeded pre-war levels on September 24 and between September 27 and 29. Meanwhile, the G7 countries have agreed to release 100 million barrels of crude oil and diesel from emergency reserves. “That combination is enough to subdue prices for now even though the risks of further damage to energy infrastructure around the Gulf region haven’t gone away,” Tim Waterer, chief analyst at KCM Trade, told Reuters.https://www.aljazeera.com/news/liveblog/2026/10/5/iran-war-live-fighting-in-yemen-intensifies-tehran-says-ready-for-us-war0.00702026-10-05T06:26:21.247562+00:005aljazeera.comcrudeoilenergy2069https://www.aljazeera.com/wp-content/uploads/2026/10/afp_6abed73ec115-1790891838.jpg?w=770&resize=770,525&quality=80Gas prices above $7 a gallon for regular gasoline and $8 a gallon for diesel are displayed at a Mobil gas station in Los Angeles, on September 23, 2026.2026-10-05T06:26:23.313172+00:002238Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the last week of September, Reuters reports, citing provisional data from the ship-tracking firm Kpler. Reuters said crude exports from the region exceeded pre-war levels on September 24 and between September 27 and 29, rising to between 19.5 million barrels per day (bpd) and 22.5 million bpd. Exports had averaged 18 million bpd in the year before the US-Israel war on Iran began. The seven-day moving average for crude exports was at 18.5 million bpd on October 1, the data showed. These include transits via the Strait of Hormuz, the Red Sea, exports from terminals and ship-to-ship transfers in the Gulf of Oman. The increase comes amid a spike in tanker attacks in the Middle East, including seven incidents in the Strait of Hormuz, according to shipping intelligence firm Marisks. The UKMTO agency has also reported at least one attack a day in the Strait of Hormuz or the Gulf of Aden since October 2.https://aje.news/x7vu510.00502026-10-05T05:02:51.368318+00:005aljazeera.comexportsoilmiddle-east2237We have more from Ali Fadavi, the IRGC commander. He insisted in a televised interview that the Strait of Hormuz remained under Iran’s control and said the IRGC Navy has warned ships using the US-supervised southern route in the waterway that “their vessels may be targeted at any point”. Fadavi added that only three to four million barrels of oil per day are now moving through the route, which hugs the coast of Oman, and dismissed the amount as “negligible” when compared with pre-war traffic. He also rejected US threats of military action, saying Washington failed in Afghanistan and Iraq and will fail again. The comments came amid reports that crude oil exports from the Middle East have risen to pre-war levels, with countries exporting an average of 18.5 million bpd in the last week of September, using transits via the Strait of Hormuz and the Red Sea, as well as exports from terminals and ship-to-ship transfers in the Gulf of Oman.https://aje.news/x7vu51?update=50173670.00502026-10-05T05:02:38.008849+00:005aljazeera.comiranoilhormuz2214Iran’s President Pezeshkian has appointed Hamid Bord as acting minister of petroleum after accepting Mohsen Paknejad’s resignation, says Mehdi Tabatabaei, a deputy for communications and information in the president’s office on X. Bord previously served as chief executive of the National Iranian Oil Company (NIOC), having earlier managed subsidiaries, including the Maroun Oil and Gas Company and the National South Oilfields Company. “Following the acceptance of Mohsen Paknejad’s resignation, Hamid Bord has been appointed as acting Minister of Oil by a decree from the president,” confirmed a statement carried by state broadcaster IRIB. The leadership change comes as Iran’s oil industry contends with production, export and infrastructure challenges amid ongoing sanctions. The resignation follows weeks of uncertainty over Paknejad’s position, after reports of tensions at a cabinet meeting.https://aje.news/loc2ef?update=50159810.00402026-10-04T18:44:27.749140+00:005aljazeera.comiranoilpolitics2210@DD_GeopoliticsDD Geopolitics<p>BREAKING: Saudi East-West oil pipeline hit AGAIN!!! New satellite imagery shows a fire at Pumping Station No. 2 on Saudi Arabia’s critical East-West Pipeline following another reported Yemeni attack. The strike comes just as Aramco allegedly had restored the pipeline to more than 80% capacity after September attacks damaged three pumping stations and temporarily shut the entire system. The 1,200-km pipeline is Saudi Arabia’s principal route for moving crude from its eastern oil fields to Yanbu on the Red Sea while bypassing the Strait of Hormuz, and has recently carried around 4–5% of global oil supply. Aramco repair crews saying, “You have got to be kidding me.”</p>https://x.com/DD_Geopolitics/status/21067702059888355060.00502026-10-04T18:32:09.513193+00:002x.comoilpipelinesaudi2035IMAGE/media/content/2210/image.pngimage.pngpng2026-10-04T18:37:27.519118+00:002201@PoliSciChick84Dr. Alice Frost<p>This diagram says it all (from the NYT). Background: Witkoff and Kushner, while negotiating with Russia over ending the war in Ukraine, are also reportedly helping negotiate a multibillion-dollar deal involving the sale of Lukoil’s international oil fields, refineries, and gas stations. Lukoil is one of Russia’s largest oil companies and was placed under U.S. sanctions. The leading bidder is a consortium involving Todd Boehly (who donated $2 million to the Trump-supporting MAGA Inc. super PAC), the U.S. government’s International Development Finance Corporation, and Gulf investors with extensive business ties to Kushner, Witkoff, and members of the Trump family. Those investors include Sheikh Tahnoon bin Zayed al-Nahyan of the UAE and the Qatari Al-Khayyat family. The transaction would require approval from both the U.S. government and the Kremlin. It is my sincerest hope that, should the Democrats win Congress in 2026, and the White House (and Congress) in 2028, these types of relationships and transactions by the Trump Cartel (of which there are many) are thoroughly investigated, and, if criminal wrongdoing is found, those responsible face prison sentences and massive fines, rather than receiving the kind of slap on the wrist Trump received for his 34 felony convictions. Sadly, I expect Trump will pre-emptively pardon many members of his Cartel for any potential federal crimes. But presidential pardons do not protect them from state prosecutions or civil lawsuits arising from their conduct.</p>https://x.com/PoliSciChick84/status/21065027159836756550.00602026-10-04T14:27:54.773397+00:002x.comtrumpoilnyt2024https://pbs.twimg.com/media/HTvFKx4aMAEsZQt?format=jpg&name=smallImage2026-10-04T14:27:55.198887+00:002179@carlquintanillaCarl Quintanilla<p>A post by Carl Quintanilla on X</p>https://x.com/carlquintanilla/status/21064601330184889930.00402026-10-04T04:51:00.901938+00:002x.comoilenergyvlcc1982https://pbs.twimg.com/media/HTumUtUW4AAb3SQ?format=jpg&name=smallImage2026-10-04T04:51:01.922452+00:002176<p>Yemen’s Houthis say they have attacked a major oil facility in Saudi Arabia with ballistic missiles and drones. The claim came after flames and a large plume of smoke were seen rising from the Aramco refinery on Saturday, and firefighters tackled the blaze. There was no immediate statement from Saudi authorities or Aramco on the cause of the fire. Yahya Saree, the Houthi spokesman, said in a post on X that the attacks caused fires at the targeted sites and were in response to Saudi air raids on the territory the group controls in Yemen, including Sanaa. He claimed there have been some 60 air attacks on Houthi-controlled territory in past 24 hours.</p>https://aje.news/loc2ef?update=50134010.00402026-10-04T04:28:23.971727+00:005aljazeera.comsaudi-arabiahouthisoil2168@NikkeiAsiaNikkei AsiaKazakh oil producers weigh new trans-Caspian route to avoid Russia Option of subsea pipeline or tanker fleet expansion being considered in study https://s.nikkei.com/4y2Axcnhttps://x.com/NikkeiAsia/status/21060146209807525090.00502026-10-03T08:09:56.597751+00:002x.comkazakhoilpipeline1970https://pbs.twimg.com/media/HToRIeAWcAAhv8X?format=jpg&name=smallImage2026-10-03T08:09:57.694812+00:002120@financialjuiceFinancialJuiceFrance has proposed plan to release 50 mln barrels of diesel from Europe and 50 mln barrels of crude oil across IEA members - Source Familiar with Discussion.https://x.com/financialjuice/status/21059305535770461510.00402026-10-02T10:02:56.327897+00:002x.comfranceoilenergy2057@InsiderWNInsider (World News)#BREAKING: China suspends oil product exports beyond Hong Kong and Macau, could push fuel prices higher.https://x.com/InsiderWN/status/21056094173665938950.00602026-10-01T12:04:17.056601+00:002x.comchinaoilbreaking2055While energy shipments have recovered through the Strait of Hormuz the situation remains fragile and costly, an analyst says. Abdul Khalique, head of the maritime centre at Liverpool John Moores University, said the route itself has changed significantly with tanker-to-tanker transfers now playing a greater role. Security risks also persist, Khalique added, with warnings issued following tanker attacks in Hormuz on September 29. “The strait is functioning under protection but remains fragile,” he said “Brent near or above $100 reflects depleted inventories, scarce refined products, costly and risky shipping, constrained bypass routes, and the risk that current flows could be disrupted again.” Commodity analytics firm Kpler said Middle East crude oil exports have recovered to about 80 percent of pre-war levels. But the figure remains 3.2 million barrels per day (bpd) below the 19.5 million bpd exported in February before the US-Israel war on Iran began.https://aje.news/ckzmrg0.00702026-10-01T11:52:45.109660+00:005aljazeera.comshippingoilenergy1862https://www.aljazeera.com/wp-content/uploads/2026/09/INTERACTIVE-MIDDLE-EAST-iran-hormuz-shipping-aug-27-2026-1787815800-1788488337.webp[Al Jazeera]2026-10-01T11:52:45.697766+00:002050@BullTheoryioBull Theory<p>BREAKING: WTI crude oil is up 4% in the last two hours, reclaiming $92 a barrel. Two reasons behind this move: 1. China just suspended fuel exports from its refiners. 2. The US is threatening to ban diesel exports unless France and Germany release emergency stockpiles.</p>https://x.com/BullTheoryio/status/21055709522938307230.00502026-10-01T10:34:55.653735+00:002x.comwtiexportsoil1854https://pbs.twimg.com/media/HTh9j5FbwAAbkfY?format=jpgImage2026-10-01T10:34:56.360313+00:002034https://www.linkedin.com/in/muhammad-ali-asghar/Ali Asghar, CFA<p>When diesel wheezes, the economy sneezes.Oil gets the headlines but diesel is where the economic stress is building.The key signal is the crack spread - the margin between crude oil and refined products. And right now, diesel is moving like it's on crack itself. Literally.In the US, diesel has already reached $6.53 a gallon, more than 70% above pre-war levels. Europe is more vulnerable still: diesel represents over 40% of petroleum consumption - roughly twice the US share. In the UK, prices are edging towards £2 per litre.This is not simply an energy-market story. Diesel is the fuel of the real economy: the lorries that stock shelves, the tractors that produce food, the ships that move trade and the machinery that keeps industry running.When diesel cracks widen this sharply, the effects do not stay at the pump. They cascade through freight costs, food inflation, farm profitability, construction and manufacturing - often well before households notice a change in petrol prices.Supply is tight from every direction. Russia is withholding product. Refinery disruption and geopolitical risk are constraining output. And export restrictions, while politically tempting, could make an already difficult market tighter still.There is no quick fix. But one conclusion is clear:Treating diesel as a by-product of crude is becoming an increasingly expensive mistake.</p>https://www.linkedin.com/posts/muhammad-ali-asghar_when-diesel-wheezes-the-economy-sneezes-share-7511163292506050560-OlZp/0.00702026-10-01T07:11:25.915200+00:001linkedin.comoileconomydiesel1834https://media.licdn.com/dms/image/v2/D4E22AQEzpW6Omq8tqQ/feedshare-shrink_160/B4EaD0DNmCIcAo-/0/1790800878209?e=1792627200&v=beta&t=eADW2KHdch23izRDEBQqnN7AqPJ1HKgd7jWTtZxsyHEView image2026-10-01T07:11:27.196958+00:002013@DarioCpxJustDarioWell, well, well... It looks like the Saudi E-W pipeline is still shut down This means all Kepler & Co. "independent assumptions" on crude oil flows go down the toilet, and all we read in the past weeks was a massive and effective disinformation campaignhttps://x.com/DarioCpx/status/21054651197362015880.00402026-10-01T05:12:23.879805+00:002x.comoildisinformationsaudi1811https://pbs.twimg.com/media/HTgcmBHbIAA88Hv?format=png&name=smallImage2026-10-01T05:12:25.667350+00:002007@carlquintanillaCarl Quintanilla(FT) - Diesel prices will not return to normal for more than a year, according to US oil and gas executives surveyed by the Federal Reserve Bank of Dallas. @FT $CRAK https://ft.com/content/0d74d66a-a9ee-4c22-83ab-9df6452117de?syn-25a6b1a6=1https://x.com/carlquintanilla/status/21053390776421254930.00502026-10-01T04:20:40.515431+00:002x.comftoildiesel1806https://pbs.twimg.com/media/HTequ6JXoAACgdr?format=jpg&name=smallImage2026-10-01T04:20:40.931398+00:001994@DannyDayan5Danny DayanI've seen a lot of overlay charts for oil and 10y. The correlation has been falling close to 0.https://x.com/DannyDayan5/status/21053575082692899540.00402026-09-30T19:20:54.650457+00:002x.comchartsoilcorrelation1794https://pbs.twimg.com/media/HTeftjEXoAEw2RB?format=jpg&name=smallImage2026-09-30T19:20:54.972317+00:001982@SoberLook(((The Daily Shot)))<p>The US has been the world’s largest oil producer for nearly a decade. Source: @OurWorldInData</p>https://x.com/SoberLook/status/21052839437421900700.00402026-09-30T15:29:10.286986+00:002x.comusoilenergy1778IMAGE/media/content/1982/g-20260930-us-oil-producer-chart.jpgg-20260930-us-oil-producer-chart.jpgjpg2026-09-30T15:32:06.102604+00:001967Crude exports from Middle East Gulf producers, excluding Iran, have returned to pre-war levels seven months after the effective closure of the Strait of Hormuz, reaching at least 16.5 million barrels per day in September, according to data firm Kpler. The recovery has changed regional oil logistics, Kpler said in a social media statement. About 40 percent of crude now leaves without crossing the strait, up from 17 percent before the war, as Saudi Arabia and the United Arab Emirates make greater use of pipeline routes. Of the crude that crossed the Strait of Hormuz in August, more than 70 percent changed tankers offshore, it said. “The volumes have recovered, but through a fundamentally different export system,” Kpler said.https://aje.news/qdjslg?update=50015970.00502026-09-30T13:18:32.174779+00:005aljazeera.comexportsoilenergy1932@HedgeyeHedgeye*U.S. to release up to 40 million barrels from the Strategic Petroleum Reserve A full draw would take the SPR to about 245 million barrels, the lowest in historyhttps://x.com/Hedgeye/status/21049943654543077040.00402026-09-30T05:00:28.157930+00:002x.comusoilspr1724https://pbs.twimg.com/media/HTZjo-3WsAAeWU6?format=jpg&name=smallImage2026-09-30T05:00:28.582127+00:001925Oil prices rose on Wednesday after Trump denied he would be willing to ease sanctions on Iran, following a drop in the previous session driven by a recovery in Middle Eastern crude supply. Brent crude futures rose $1.14, or 1.11 percent, to $103.73 a barrel as of 01:30 GMT. Meanwhile, US West Texas Intermediate (WTI) crude went up 34 cents, or 0.38 percent, to $89.72. Brent is headed for a monthly gain of about 14 percent, marking its biggest climb since July, while WTI is on track for a 4 percent rise after having breached $106 for the first time since May.https://aje.news/qdjslg0.00602026-09-30T04:54:03.595457+00:005aljazeera.comsanctionsoileconomy1718https://www.aljazeera.com/wp-content/uploads/2026/09/2026-03-24T161627Z_1873200265_RC24BKA1BLGQ_RTRMADP_3_IRAN-CRISIS-HORMUZ-1790733272.jpg3D printed oil barrels and rising stock graph are seen in this illustration taken March 23, 2026. REUTERS/Dado Ruvic/Illustration2026-09-30T04:54:04.682012+00:001915Oil shipments through the Strait of Hormuz averaged about 13.2 million barrels a day over the past week – roughly 77 percent of their prewar level – even as Iran claims to have stepped up attacks on vessels trying to cross the waterway, according to Kpler. Daily confirmed oil flows varied sharply from September 24-27, ranging from about 6.5 million to 12.6 million barrels. The figures for the most recent days are preliminary and may rise as more shipments are confirmed. The increased movement of oil comes during ongoing talks to fully reopen the strait within seven days, a plan proposed by Iran.https://aje.news/a9qx0f0.00502026-09-29T15:09:03.994207+00:005aljazeera.comoilhormuzenergy1704https://www.aljazeera.com/wp-content/uploads/2026/08/INTERACTIVE-Alternative-routes-through-the-Strait-of-Hormuz-AUGUST-19-2026-1787210375.png?quality=80Alternative routes through the Strait of Hormuz - August 192026-09-29T15:09:04.394302+00:001882Oil prices are rising for a second successive session, with Brent crude futures gaining 63 cents, or 0.6 percent, to reach $105.91 a barrel as of 00:30 GMT. US West Texas Intermediate (WTI) crude went up 72 cents, or 0.8 percent, to trade at $93.32. The gains came as lingering concerns over Middle East supply disruptions brought about by the US war on Iran outweighed signs of recovering crude exports from the region, Reuters reported.https://www.aljazeera.com/news/liveblog/2026/9/29/iran-war-live-trump-says-he-did-not-offer-tehran-sanctions-relief?update=49970680.00702026-09-29T04:57:07.295311+00:005aljazeera.comcrudeoilmiddle-east1663https://www.aljazeera.com/wp-content/uploads/2026/09/2026-06-19T114828Z_1201643110_RC2Y8LATSDB2_RTRMADP_3_IRAN-CRISIS-SYRIA-IRAQ-OIL-1790647874.jpg?w=770&resize=770,515&quality=80A barrel being filled with oil delivered from Iraq at the oil terminal of Baniyas, Syria, May 14, 2026. REUTERS/Mahmoud Hassano2026-09-29T04:57:09.972990+00:001871Brent crude oil prices have rebounded more than 3 percent after Trump rejected a peace deal from Iran to resolve their ⁠conflict and reopen the Strait of Hormuz. Brent futures rose $3.98, or 3.82 percent, to $108.30 a barrel at 09:59 GMT while US West Texas intermediate crude was at $95.93 a barrel, up $3.52 or 3.81 percent. “Oil prices appeared to have jumped on the back of President Trump ⁠rejecting Iran’s peace proposal,” said Hamad Hussain, senior climate and commodities economist at Capital Economics. “While greater flows through the Strait of Hormuz are easing some of the upward pressure on prices, the bigger picture is that the oil market remains in a deficit.”https://www.aljazeera.com/news/liveblog/2026/9/28/iran-war-live-tehran-warns-its-fully-prepared-for-war-amid-hormuz-tensions0.00602026-09-28T11:20:55.928754+00:005aljazeera.commarketus-iranoil1650https://www.aljazeera.com/wp-content/uploads/2026/09/INTERACTIVE-Saudi-Oil-hormuz-mandeb-red-sea-suez-trade-1789635470.pngINTERACTIVE Saudi Oil hormuz mandeb red sea suez trade-17896354702026-09-28T11:20:56.413964+00:001866@oguzerkanOguz Erkan<p>Oil exports from the Persian Gulf are almost back to pre-war levels. Meanwhile, Iranian exports have literally hit zero. Blockading Iran’s blockade actually worked. Iran can’t stand this for much longer.</p>https://x.com/oguzerkan/status/21044722768632464070.00402026-09-28T08:27:13.309439+00:002x.comiranexportsoil1646IMAGE/media/content/1866/g-20260928-hormuz-oil-exports.jpgg-20260928-hormuz-oil-exports.jpgjpg2026-09-28T08:28:07.549534+00:001856@MikeZaccardiMike Zaccardi, CFA, CMT<p>GS: not just a US story.. global oil inventories are very low From gult to grim</p>https://x.com/MikeZaccardi/status/21041745642089923340.00402026-09-28T07:41:32.739036+00:002x.comoilinventoriesglobal1638IMAGE/media/content/1856/g-20260928-oil-investories.pngg-20260928-oil-investories.pngpng2026-09-28T07:42:48.278468+00:001852@macropaperrThe Macro Paper🚨 $600 billion has been wiped out from Asian stocks today as oil climbs back above $92. South Korea (KOSPI, -2.70%): ₩164.7 trillion wiped out Japan (Nikkei 225, -0.73%): ¥9.45 trillion wiped out China (SSE Composite, -1.65%): ¥2.48 trillion wiped out India (Nifty 50, -1.35%): ₹5.56 trillion wiped out War esclation fears are back.https://x.com/macropaperr/status/21044637605808663120.00502026-09-28T07:29:09.809208+00:002x.comstocksoilasia1633https://pbs.twimg.com/media/HTSOmdVaAAABs-H?format=jpg&name=smallImage2026-09-28T07:29:10.248819+00:001816President Trump says the United States transported “a record amount of oil from the Hormuz Strait” last night, adding the quantity was “more than we took out before the war”. While speaking to reporters in Chicago, Trump said oil prices will decrease “as soon as Iran gives up, as soon as the war is over, which will be soon”. Trump on Saturday rejected an Iranian peace blueprint aimed at ⁠ending hostilities and reopening the vital Strait of Hormuz. While Tehran maintains diplomacy ⁠remains the only viable resolution to its conflict with the United States and Israel, Iran’s military leadership warned its armed forces ‌stand fully prepared for any renewed attacks.https://www.aljazeera.com/news/liveblog/2026/9/27/iran-war-live-tehran-awaits-official-response-as-trump-rejects-hormuz-plan0.00502026-09-27T14:51:09.335537+00:005aljazeera.comtrumpoilhormuz1589https://www.aljazeera.com/wp-content/uploads/2026/09/reuters_6ab78ce5-1790414054.jpg?w=770&resize=770,499&quality=80FILE PHOTO: U.S. President Donald Trump gestures on stage at the Republican National Midterm Convention in Dallas, Texas, U.S., September 10, 2026. REUTERS/Callaghan O'Hare/File Photo2026-09-27T14:51:10.476447+00:001810https://www.linkedin.com/company/the-kobeissi-letter/The Kobeissi LetterGlobal oil markets are facing a historic loss of diesel supply:Diesel supply from the Middle East dropped by -835,000 barrels per day on average between March and August 2026 compared to the same period in 2025, according to Vortexa estimates.At the same time, Russian diesel supply fell -377,000 barrels per day.Meanwhile, Kpler estimates diesel supply was down -750,000 barrels per day in the Middle East over the same period and -361,000 barrels per day in Russia, while Energy Aspects estimates declines of -733,000 and -307,000 barrels per day, respectively.This puts the average estimated diesel supply loss at -772,667 barrels per day in the Middle East and -348,333 barrels per day in Russia, or -1.1 million combined.Furthermore, Russian diesel supply plunged -615,000 barrels per day YoY on average in July and August, following Russia's diesel-export ban.The global diesel market crisis is deepening.https://www.linkedin.com/company/the-kobeissi-letter/0.00602026-09-27T10:05:44.480951+00:001linkedin.commarketoildiesel1586https://media.licdn.com/dms/image/v2/D4D22AQHxilaIaQtrwA/feedshare-shrink_160/B4DaDbCA7fJEAk-/0/1790381134027?e=1792022400&v=beta&t=B_e_ZYmrJzGRgrM6jfAVHvAeHlY8WRA6HylKMxnzKn4View image2026-09-27T10:05:44.809850+00:001800https://www.linkedin.com/in/charles-henry-monchau-cfa-cmt-caia-4003096/Charles-Henry Monchau, CFA, CMT, CAIAWhat absorbed the Hormuz oil shock?~35% of the gap: pipelines + new supply~20%: inventory drawdowns~45%: lower oil consumptionThe shock absorbers worked. But some are temporary, and the cushion is wearing thin.Source: McKInseyhttps://www.linkedin.com/feed/0.00352026-09-27T06:54:00.597713+00:001linkedin.comsupplyoilenergy1580https://media.licdn.com/dms/image/v2/D4E22AQGvBqQJQ-7uTw/feedshare-shrink_800/B4EaDAqRaJGgAc-/0/1789938702288?e=1792022400&v=beta&t=DRFJABro9XG2aFfW3abqkOQgC-kT1VXcxAbm2wTNB5MView image2026-09-27T06:54:01.924416+00:001796@oguzerkanOguz ErkanAnother reason why Trump easily rejects the Iranian proposal: Hormuz is closed, so China isn't getting cheap Iranian oil. Venezuela is also no longer under Chinese influence, so China has to buy its oil from the open market, which is driving its energy costs higher. If something doesn't crack, like the stock market, Trump can stay in this position for a long time, waiting for Iran to crack.https://x.com/oguzerkan/status/21038520100343810310.00402026-09-27T06:45:04.111689+00:002x.comirantrumpoil1576https://pbs.twimg.com/media/HTJiQAUXUAAqUQP?format=jpg&name=smallImage2026-09-27T06:45:04.484660+00:001786@JordanEVGuyJordan - The EV GuyIf fuel doesn’t run out, you can thank the EV drivers. That’s because globally, electric vehicles are already displacing around 1.7 MILLION barrels of oil demand EVERY DAY. That’s roughly 620 million barrels a year that would otherwise be consumed by those EV drivers driving inefficient ICE vehicles as well. Less demand for petrol and diesel means less pressure on the fuel supply that everyone else relies on. So if you pull into your local petrol station this week and there’s actually fuel left… You’re welcome. Maybe give the next EV driver you see a little wave 👋.https://x.com/JordanEVGuy/status/21038627013949891220.00702026-09-27T06:13:57.663833+00:002x.comelectric-vehiclesoilfuel1559https://pbs.twimg.com/media/HTJr-drWEAAv-RW?format=jpg&name=smallImage2026-09-27T06:13:58.668134+00:001784@tleilax___Yet another commodity guyOil update : 1/ The entire Persian Gulf + Red Sea flow is at July levels, a solid 8/9 mbbls below pre-war flows. 2/ Iraq is slowing down, Saudi is still shipping less than in July. 3/ China running the same 10 mbld deficit, while drawing 1.5 mbld of domestic crude inventories but interestingly is increasing products exports in the lineup, despite relatively poor quota allocation for October (only Sinopec & PetroChina, likely shipping in October under September quota)https://x.com/tleilax___/status/21040725061307804340.00802026-09-27T06:09:09.976866+00:002x.comchinaoilpersian-gulf1553https://pbs.twimg.com/media/HTMmYEWXsAAKles?format=jpg&name=900x900Image2026-09-27T06:09:10.192850+00:001554https://pbs.twimg.com/media/HTMnMfgXAAAIeRY?format=jpg&name=900x900Image2026-09-27T06:09:10.210950+00:001555https://pbs.twimg.com/media/HTMo1z3WIAASVfO?format=jpg&name=900x900Image2026-09-27T06:09:10.230180+00:001556https://pbs.twimg.com/media/HTMqIwzXMAAk4PE?format=jpg&name=900x900Image2026-09-27T06:09:10.249373+00:001768@WhiteTundraSGShubham GargGlobal crude oil imports have fallen rapidly over the last 4 weeks as June MOU armada of tankers and SPR barrels are no longer available! With strong refinery runs and robust product demand, expect a large drawdown in global onshore crude inventories over next few weeks.https://x.com/WhiteTundraSG/status/21039279093796335640.00402026-09-27T05:18:55.042668+00:002x.comoilinventoriesglobal1542https://pbs.twimg.com/media/HTKlF9saUAAufSi?format=jpg&name=smallImage2026-09-27T05:18:55.608302+00:001764@KarelMercxKarel MercxEveryone is focused on the paper price of oil falling today. But look at what is happening in the physical market. Things are escalating fast. The cost of shipping 2 million barrels of oil jumped another 10%+ today to $22.50 per barrel.https://x.com/KarelMercx/status/21008909334367601530.003017632026-09-27T05:06:12.243784+00:002x.commarketshippingoil1538https://pbs.twimg.com/media/HSfdHVhWsAAqz8P?format=jpg&name=240x240Image2026-09-27T05:06:12.493221+00:001763@KarelMercxKarel MercxThe oil shortage keeps getting worse. The chart shows the market’s expectation for next month’s spread between physical Dated Brent and the front-month paper Brent futures contract. On Friday, this indicator closed at its highest level in months.https://x.com/KarelMercx/status/21038658608467029940.003017642026-09-27T05:06:10.834006+00:002x.commarketoilfutures1537https://pbs.twimg.com/media/HTJuBO7WMAAeDZb?format=jpg&name=smallImage2026-09-27T05:06:12.190351+00:001743@oguzerkanOguz ErkanEverybody is selling oil, except Iran. Shit-to-ship (STS) volumes through the Gulf of Oman have increased 10x from February levels. Producers are loading oil onto ships, crossing the Hormuz via an alternate waterway secured by the US military near the Omani coast, and then transferring oil to larger vessels for final buyers.https://x.com/oguzerkan/status/21038707035566002610.00502026-09-27T03:16:09.562498+00:002x.comiranshippingoil1522https://pbs.twimg.com/media/HTJwy_aWgAA9BoJ?format=jpg&name=smallImage2026-09-27T03:16:09.790246+00:001734@morgan_downeyMorgan DowneySometimes it’s good to lift your head out of the headlines. Hormuz will no longer be in crisis one day. What will happen to oil ?https://x.com/morgan_downey/status/21035699262505127990.00402026-09-26T11:37:22.674092+00:002x.comoilhormuzheadlines1516https://pbs.twimg.com/media/HTFhsiqXQAA1YBJ?format=jpg&name=smallImage2026-09-26T11:37:23.223467+00:001733@simongerman600Simon KuestenmacherRussia now supplies China with four times as much oil as Saudi Arabia does. Source: https://buff.ly/phnMo2Bhttps://x.com/simongerman600/status/21036432418453343320.00602026-09-26T11:31:43.930775+00:002x.comchinaoilrussia1515https://pbs.twimg.com/media/HTGkYVYWgAAfLbA?format=jpg&name=smallImage2026-09-26T11:31:44.194004+00:001732@MarioNawfalMario NawfalIraq's workaround for the Strait of Hormuz is to full-send tanker trucks packed with oil over the border into Syria towards Mediterranean ports And it looks fking insane Writer: Ianhttps://x.com/MarioNawfal/status/21037830757966849520.00602026-09-26T11:28:40.445953+00:002x.comsyriaoiliraq1514IMAGE/media/content/1732/image.pngimage.pngpng2026-09-26T11:29:19.508357+00:001727@morgan_downeyMorgan DowneyCash crude oil just ripped up $2 late Friday evening and into today (Saturday) after the WSJ broke a story a 8:26pm ET Trump rejected Iran’s 7-day Hormuz/ceasefire plan and told aides bombing is likely after the midterms. Oil reversed a $2 deal optimism drop from earlier Friday. Friday evenings used to be the dumping ground for bad news. The oil market no longer has to wait until oil markets reopen after a weekend. Link to live cash oil prices on weekends in the first comments belowhttps://x.com/morgan_downey/status/21037854951928998190.00502026-09-26T11:22:38.375770+00:002x.commarketsoilnews1507https://pbs.twimg.com/media/HTIlwYAW0AAQ0GO?format=jpg&name=360x360Image2026-09-26T11:22:39.029765+00:001508https://pbs.twimg.com/media/HTIlwYEXMAAgaCy?format=jpg&name=360x360Image2026-09-26T11:22:39.068104+00:001715@avionsunantiqu1Nicholas JamesOil Manipulation has been non-stop this week. 1. The Saudi E/W pipeline to open on Tuesday 2. A diesel export ban to be implemented 3. Hormuz to be open in 7 days 4. Iran and US were talking in person in NY All were false Oil took it on the chin, and is holding $90+https://x.com/avionsunantiqu1/status/21035649384848633650.00402026-09-26T08:29:56.640627+00:002x.comoilmanipulationenergy1714@puckrinNicAbsolutely wild oil jawboning & manipulation this week Let's take stock: - Saudi pipeline "fixed" - Houthis attack Saudi port - Diesel export ban coming - Export ban fake news - Hormuz to open in 7 days - Trump rejects said proposal And yet, Brent still holding above $100.https://x.com/puckrin/status/21037363666770620360.00502026-09-26T08:29:33.590579+00:002x.combrentoilmanipulation1697@StealthQE4QE InfinityJust a reminder about the last oil crisis we had. The oil “embargo” in the 1970’s. The market fell close to 50% but it happened 6 months AFTER the embargo ended The crisis in the Strait is considered to be 3-4 times worse than the embargo. Just remember there are lagshttps://x.com/StealthQE4/status/21036655493224572470.00402026-09-26T07:18:14.091550+00:002x.comoilembargocrisis1487https://pbs.twimg.com/media/HTG4qvaXIAAJAbu?format=jpg&name=smallImage2026-09-26T07:18:14.573662+00:001695@KobeissiLetterThe Kobeissi LetterGlobal oil markets are facing a historic loss of diesel supply: Diesel supply from the Middle East dropped by -835,000 barrels per day on average between March and August 2026 compared to the same period in 2025, according to Vortexa estimates. At the same time, Russian diesel supply fell -377,000 barrels per day. Meanwhile, Kpler estimates diesel supply was down -750,000 barrels per day in the Middle East over the same period and -361,000 barrels per day in Russia, while Energy Aspects estimates declines of -733,000 and -307,000 barrels per day, respectively. This puts the average estimated diesel supply loss at -772,667 barrels per day in the Middle East and -348,333 barrels per day in Russia, or -1.1 million combined. Furthermore, Russian diesel supply plunged -615,000 barrels per day YoY on average in July and August, following Russia's diesel-export ban. The global diesel market crisis is deepening.https://x.com/KobeissiLetter/status/21036157560722886330.00502026-09-26T07:14:11.373268+00:002x.commarketsoildiesel1485https://pbs.twimg.com/media/HTES_fsXQAAiHlv?format=jpg&name=smallImage2026-09-26T07:14:11.624696+00:001688@ASX__TraderDavid Bird (ASX Trader) B.Ed, CFTeTHIS CHART COULD BE ONE OF THE MOST IMPORTANT CHARTS IN THE ENERGY MARKET RIGHT NOW. A lot of people believe the current oil supply problem is simply because of the war. War ends = oil problem solved. But look closely at the chart. The biggest structural change started years before the current war. After the energy crisis of the 1970s, America created the Strategic Petroleum Reserve. Think of it as an emergency savings account for oil. For roughly 40 years, the US built up hundreds of millions of barrels as protection against another major supply shock. Then COVID happened. Planes stopped flying, cars stopped moving and global oil demand collapsed. Producers cut production and investment. But when the world reopened, demand came back much faster than parts of the supply system could respond. That's when America increasingly started drawing down its emergency oil reserves. And this is the key point. Look at the huge decline in the Strategic Petroleum Reserve from 2020 to 2025. That happened BEFORE the current war. Following Russia's invasion of Ukraine and the energy shock in 2022, the US alone announced an emergency release of 180 million barrels. So the war we're dealing with today didn't create the entire problem. If anything, it has been the nail in the coffin of a problem that was already developing. The US entered the current conflict with roughly 415 million barrels in its Strategic Petroleum Reserve. Six months later? 286.6 million barrels. That's another roughly 30% of the remaining stockpile gone, leaving America's emergency oil reserves at their lowest level since 1982. And America isn't alone. Other countries have also drawn heavily on emergency reserves. This is why I think saying, "When the war ends, oil goes back to normal," is far too simplistic. Even if the war stopped tomorrow, those barrels don't magically reappear. At some point, governments will want to rebuild their emergency reserves. And those barrels have to come from somewhere. So potentially you've got normal global oil demand, growing energy requirements, AND countries eventually trying to rebuild strategic stockpiles that took decades to accumulate. That's the bigger picture I'm watching. Don't just focus on the final drop in this chart. The major depletion started years before the current war. The war may eventually end. But the structural energy problem doesn't necessarily end with it.https://x.com/ASX__Trader/status/21035721804120929160.00602026-09-26T07:08:19.971282+00:002x.comoilenergyreserves1478https://pbs.twimg.com/media/HTFjv6ra8AABfyC?format=jpg&name=smallImage2026-09-26T07:08:21.796136+00:001680https://www.linkedin.com/company/the-kobeissi-letter/The Kobeissi LetterBREAKING: The S&P 500 rises on reports that talks between the US and Iran have entered a "technical stage," per Al Jazeera.Details include:1. Negotiations in New York have reportedly moved beyond initial diplomatic contacts into a "more detailed technical phase"2. Technical experts joined the discussions in New York after a first meeting involving US envoys Witkoff and Kushner3. Iran's proposed 7-day plan to reopen the Strait of Hormuz if the US ends its blockade is being discussed as an accelerated version of a previously discussed 60-day process4. Both sides also continue to discuss other arrangements for the Strait of HormuzOil prices are pulling back on the news.https://www.linkedin.com/feed/0.00702026-09-25T16:36:45.002146+00:001linkedin.comiransp500oil1475https://media.licdn.com/dms/image/v2/D5622AQFlVtdbjRWDbQ/feedshare-shrink_800/B56aDZWKfyKwAc-/0/1790352861574?e=1792022400&v=beta&t=1XOI3gGxaudeYSflhnj8Krad-v9nsRKWAOqgMEFpy2wView image2026-09-25T16:36:45.406884+00:001671https://www.linkedin.com/company/the-kobeissi-letter/The Kobeissi LetterChina’s oil imports from Iran are collapsing:China imported ~6.9 million barrels of crude oil per day in the first 20 days of September, near its lowest level in 10 years.This is well below the ~10.5 million barrels per day China imported on average before the Iran War.At the same time, Chinese imports of Iranian crude dropped to ~80,000 barrels per day, on track for the 2nd-lowest level in at least 10 years.This is down -92% to -95% from the 1.0 to 1.5 million barrels per day imported before the war.As a result, China has imported ~600 million fewer barrels of seaborne oil this year than it would have if it had maintained 2025 import levels.China is also partially replacing Iranian crude with oil from Iraq, the UAE, Brazil, and Canada.Iranian oil is disappearing from China’s import mix.https://www.linkedin.com/feed/0.00702026-09-25T11:48:06.818744+00:001linkedin.comiranchinaoil1466https://media.licdn.com/dms/image/v2/D4D22AQHf4lXE2WWQ0A/feedshare-shrink_800/B4DaDVUAZcHwAg-/0/1790285186928?e=1792022400&v=beta&t=zhizaPt0b_cj3ow4KPUevXhrFqPDIG1Tj_4R-93K4roView image2026-09-25T11:48:07.249461+00:001646@icooperTradesian cooper#Brent futures are up 3.5% today and coming into support at between $109-110. This could be a good short BUT brent is much more sensitive to the middle east situation than crude so is more risky and IMO you must be prepared to add higher. I don't trade brent very often so won't be taking this but if I did, I would start at $109 with $114 and 120 possible add levels. To the downside, there is some support at 100-102 but the $95 region would be my target. #oil #tradinghttps://x.com/icooperTrades/status/21031366334615838900.00502026-09-25T08:30:37.539038+00:002x.combrentoiltrading1444https://pbs.twimg.com/media/HS_W7KeXAAAyFvr?format=jpg&name=smallImage2026-09-25T08:30:37.741650+00:001638@DarioCpxJustDarioMinions aren’t giving up, and I trust they won’t till the very end, but gold, silver and treasury yields are all screaming that the crude oil supply crisis tsunami is now very close to hit the shores. There is still time to run for the hills and find a safe shelter, take care.https://x.com/DarioCpx/status/21030701553791921530.00402026-09-25T08:26:10.091983+00:002x.comoilfinancecrisis1437https://pbs.twimg.com/media/HS-bKHoXcAA0no-?format=jpg&name=smallImage2026-09-25T08:26:10.533407+00:001597@icooperTradesian cooper#Oil tagged the $96 level today and then news of the re-opening of Hormuz led to a sell off and now it's back to $94. I know many people on here don't believe technicals work, or don't believe they work on charts like oil when a war is going on. BUT seriously? A push up to the resistance level and then rejected? I don't need to watch the news, just the chart lol. This is not me boasting about being a great trader. Because I am not in a position on oil right now so made no money from it today. BUT I find the charts amazing!!!! And the fact they can almost forecast a news headline will come is crazy. Anyway, sorry for my rant (I just love the charts). And back to the charts; there is now no real change and I continue to wait for the right levels to hit. Was anyone in this today?https://x.com/icooperTrades/status/21031712634012467630.00602026-09-25T05:58:22.973451+00:002x.comcrudeoilusoil1395https://pbs.twimg.com/media/HS_1y0KW4AE0bnf?format=jpg&name=smallImage2026-09-25T05:58:24.120061+00:001554The international benchmark Brent crude has jumped three percent to $106.24 per barrel. The surge came a day after world leaders at the UN General Assembly offered little to suggest progress in ending turmoil in the oil-rich Middle East.https://aje.news/h39n9z0.00502026-09-24T08:59:05.386647+00:005aljazeera.comiranwaroil1498@Vince_StanzioneVince StanzioneAS much as I want this bull market to carry on, and I am heavily invested in VLCCs and getting paid record dividends I am reminded "the cure for high prices is high prices" for now I will keep dancinghttps://x.com/Vince_Stanzione/status/21027400286613875420.00602026-09-23T16:19:19.811418+00:002x.comshippingoiltankers1315https://pbs.twimg.com/media/HS5uUYmXQAA6kXA?format=jpg&name=smallImage2026-09-23T16:19:20.086999+00:001467@luke_skibaLukasz SkibaTranslated from Polish Good news is coming from Saudi Arabia: the EW pipeline is returning to operation and is expected to gradually, over an unspecified timeframe, reach a flow of 4 million b/d. Priority will likely go to refineries on the west coast (approx. 1.5 million b/d), and only afterward to oil exports east/west—though interestingly, as early as Sunday, one tanker was already waiting for loading (destination: China🇨🇳). And what about Orlen in this context? If Aramco partially lifts the force majeure, then the expensively acquired alternative supplies can either be brought in as an additional surplus or an attempt made to resell them. Given current trends (falling DFL and differentials) and potentially additional supply from the next tranche of SPR oil releases, however, it will be very difficult to avoid a loss. That said, the decision itself to purchase (even at a huge premium) alternative supplies was understandable.https://x.com/luke_skiba/status/21026776328651613510.00602026-09-23T09:24:16.431872+00:002x.comsaudi-arabiaoilpipeline1289https://pbs.twimg.com/media/HS414FlWcAAQOPy?format=jpg&name=smallImage2026-09-23T09:24:16.643293+00:001440https://www.linkedin.com/in/charles-henry-monchau-cfa-cmt-caia-4003096/Charles-Henry Monchau, CFA, CMT, CAIAGoldman: "Oil does not need peace to fall" Brent continues to carry a substantial geopolitical premium, but the physical shortage is already shrinking.Goldman estimates that the global oil deficit has narrowed from roughly 7mb/d near the start of the war in March to approximately 1mb/d in Q3. Gulf production has partially recovered, demand has weakened and supply outside the region has risen faster than expected.Oil does not need the conflict to end. It needs the disruption to stop getting worse.Source: GS / TMEhttps://www.linkedin.com/feed/0.00452026-09-23T08:47:20.522468+00:001linkedin.comgoldmanoilgeopolitics1262https://media.licdn.com/dms/image/v2/D4E22AQFJvQecjyPHCQ/feedshare-shrink_800/B4EaDMwW4RH4Ag-/0/1790141624134?e=1792022400&v=beta&t=6Ib2F1SyDrOX3aqmwAz7vHKh1s9b2f9Gj0WPbW29_HQView image2026-09-23T08:47:22.470140+00:001424Oil prices saw further declines as investors eyed improved supply and hopes for a diplomatic solution to the nearly seven-month US-Israel war on Iran. Brent crude futures fell $1.09, or 1.1 percent, to $98.16 a barrel as of 04:21 GMT, while West Texas Intermediate futures fell $1.50, or 1.67 percent, to $89.01 per barrel. While President Trump warned he could “annihilate” Iran, he also said productive talks were held to end the war. “The market is currently feeling more constructive about the global oil supply picture than it was a few weeks ago,” said Tim Waterer, chief analyst at KCM Trade. “The meeting of US and Iranian delegations in New York has given traders a glimmer of hope… Despite the continued tough rhetoric – including threats of ‘annihilation’ – the market is choosing to price in the possibility of talks.”https://www.aljazeera.com/news/liveblog/2026/9/23/iran-war-live-trump-confirms-very-good-meeting-with-iran-at-un0.00702026-09-23T06:44:34.506212+00:005aljazeera.comnegotiationsus-iranoil1244https://cf-images.eu-west-1.prod.boltdns.net/v1/static/665003303001/4805941f-1263-4aee-872a-8d819b5ccae0/61876642-9ef0-4c68-9376-e0de09bcf340/1920x1080/match/image.jpg2026-09-23T06:44:34.807416+00:001402Oil prices are slipping lower on Wednesday, with Brent crude futures falling 7 cents, or 0.07 percent, to $99.18 a barrel as of 01:19 GMT. US West Texas Intermediate (WTI) crude went down 35 cents, or 0.39 percent, to trade at $90.17 per barrel. The losses came as Saudi Arabia began restoring crude supply on a critical pipeline to the Red Sea, according to the Reuters news agency, alongside growing hopes for a diplomatic solution to the US-Iran conflict through talks at the UN in New York.https://aje.news/st3yz3?update=49766510.00402026-09-23T05:35:11.689211+00:005aljazeera.comun-talkssaudi-arabiaoil1395@diepthaolongVivWhen oil was at $102, Saudi pipeline got destroyed, missiles strikes likely everyday, market turned to super bullish after one night. People got hyped, "oil will never go back to 90 again." Today, futures price at $89. Iran Foreign Minister Araghchi in US. Peace talks on every headlines. Market turned bearish. And now, people get scared, "oil will never go above 100 again." Don't you realize that's the same pattern?https://x.com/diepthaolong/status/21026114769766728780.00502026-09-23T05:18:35.538923+00:002x.comwtioiloott1223https://pbs.twimg.com/profile_images/1941154532303777792/2b3T-bxY_normal.jpg2026-09-23T05:18:35.989573+00:00