(In US Dollar) Change Change(%)
Brent 85.06 -0.08 -0.09
WTI 80.23 0.37 0.46
OPEC Basket 84.39 -1.77 -2.05
Oil climbs as Hormuz tensions deepen; Iran threatens to halt Gulf energy exports

16/07/2026

Oil prices extended gains on Wednesday as fears of a prolonged disruption to energy supplies through the Strait of Hormuz intensified following the United States' reimposition of a naval blockade on

Trade Arabia

Oman's refinery output falls 6.8% by May

15/07/2026

Oman's refinery output declined 6.8% in the first five months of 2026, with production falling to 89.92mn barrels from 96.52mn barrels in the corresponding period last year, according to preliminary

Muscat Daily

Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz

15/07/2026

Oil prices rose nearly 3 percent on Tuesday to their highest in four weeks, as ?the US reimposed its naval blockade of Iran while the two countries stepped up attacks in the Strait of Hormuz, heighte

Arab News

Oil prices jump 9% to one-month high as US-Iran tension escalates

14/07/2026

Oil prices jumped more than nineper cent to a one-month high late on Monday after news ?that a US' naval blockade due to begin on Tuesday will cover Iran's entire coastline, ports and oil terminals,

Khaleej Times

Oil jumps 3 percent after US, Iran escalate strikes in Mideast

13/07/2026

Oil prices jumped on Monday as Iran expanded strikes on Gulf states following attacks by the United ?States, threatening energy shipments via the Strait of Hormuz.

Brent crude futures climbe

Reuters