Offstream
news

Brent crude oil surpasses US$110 per barrel after Iran's Islamic Revolutionary Guard Corps Navy turned away three container ships and declared the Strait of Hormuz closed.
2026-03-27

Brent crude futures fall 11%, trading just below US$100 a barrel for the first time in days, following the announcement by U.S. president Donald Trump about talks with Iran to end the war.
2026-03-23

The U.S. energy department says it has awarded contracts to loan a first batch of 45.2 million barrels of crude oil from the Strategic Petroleum Reserve.
2026-03-20

Philippine Airlines announces it will halt flights to the Middle East until April 30 due to safety concerns regarding the Iran war.
2026-03-20

Aramco restarts operations at Ras Tanura oil refinery, the largest in Saudi Arabia, following a 16-day closure.
2026-03-18

Japan announces it will start releasing 80 million barrels of oil from its reserves, the largest such release in the country's history, in response to disruptions in the oil supply caused by the conflict.
2026-03-15

In auto racing, the Fédération Internationale de l'Automobile cancels the Bahrain and Saudi Arabian Grands Prix, both scheduled to occur in April, due to safety concerns amid the Iran war.
2026-03-14

Several of the United Arab Emirates stock exchanges will resume, including Nasdaq Dubai, Dubai Financial Market, and Abu Dhabi Securities Exchange, after being put on pause for two days due to the Iranian strikes.
2026-03-4

President of Paraguay Federico Franco announces that his country will become an oil producing nation, after a recent discovery in the Chaco region, close to the border with Argentina.
2012-11-26