latest news in Energy markets

US Weighs Military Seizure of Iran's Primary Oil Terminal

Washington, D.C., Monday, 9 March 2026.
The US is weighing a military seizure of Kharg Island. Capturing the terminal handling 90% of Iran’s oil exports could severely disrupt global energy markets and accelerate inflation.

Oil Prices Break $100 as Middle East Blockade Forces Gulf Nations to Slash Production

Abu Dhabi, Sunday, 8 March 2026.
Crude prices have eclipsed $100 per barrel as a regional conflict effectively closes the Strait of Hormuz, forcing major Gulf producers to drastically slash their oil output.