Petroleum & Brent Crude
50 shared events · Importance 25 · Last updated May 09, 2026
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International
Petroleum: Petroleum prices have surged above $100 per barrel due to the Iran war and the closure of the Strait of Hormuz, leading to higher costs across multiple sectors.
Brent Crude: Brent Crude prices have surged to around $100 per barrel due to the conflict and disruptions in the Strait of Hormuz, significantly impacting global energy costs and inflation.
Apr 08, 2026 · 307 articles
International
Petroleum: Petroleum prices surged significantly due to fears of supply disruptions from the Strait of Hormuz and ongoing geopolitical tensions, impacting global energy markets.
Brent Crude: Brent Crude prices rose substantially, mirroring the increase in Petroleum prices, driven by concerns over Middle East stability and oil supply.
Apr 09, 2026 · 7 articles
International
Petroleum: The price of Petroleum has surged due to the Iran war, directly impacting gasoline, diesel, and jet fuel prices globally.
Brent Crude: Brent Crude prices surged significantly due to the supply disruption caused by the Iran war and the halted maritime traffic through the Strait of Hormuz.
Apr 15, 2026 · 59 articles
International
Petroleum: Petroleum prices are projected to surge due to the Middle East conflict and disruptions in the Strait of Hormuz, with forecasts of Brent oil reaching $86 to $125 per barrel, significantly impacting global inflation and economic growth.
Brent Crude: Brent Crude prices are projected to surge significantly, averaging $86 a barrel in 2026, due to supply shocks from the Middle East conflict, with potential to reach $115 a barrel in a severe scenario.
Apr 28, 2026 · 23 articles
International
Petroleum: The Iran war has caused spiking gasoline prices and increased costs for petroleum-derived products, as crude oil is a fundamental component for fuel and over 6,000 consumer products.
Brent Crude: Brent Crude prices, hovering near $107 per barrel due to West Asia tensions, are a critical macro variable influencing inflation and corporate profitability globally, especially in India.
Apr 22, 2026 · 43 articles
International
Petroleum: Oil prices, specifically Brent crude, have soared due to the tensions and blockades in the Strait of Hormuz, directly affecting global energy markets and consumers.
Brent Crude: Brent Crude prices have soared due to the tensions and disruptions in the Strait of Hormuz, reflecting increased market uncertainty and supply concerns.
Apr 19, 2026 · 29 articles
International
Petroleum: Petroleum prices plunged following the ceasefire agreement and the temporary reopening of the Strait of Hormuz, after weeks of price increases due to the Middle East war.
Brent Crude: Brent Crude prices dropped significantly due to the ceasefire and the expected reopening of the Strait of Hormuz.
Apr 07, 2026 · 79 articles
International
Petroleum: The withdrawal of United Arab Emirates from OPEC could lead to increased supply of Petroleum in the medium term, potentially putting downward pressure on prices, though short-term effects are uncertain due to geopolitical tensions.
Brent Crude: Brent Crude prices have been significantly affected by supply disruptions due to the Iran war and the effective closure of the Strait of Hormuz, with the United Arab Emirates' exit from OPEC potentially adding to future price volatility.
Apr 28, 2026 · 222 articles
Business
Petroleum: Petroleum Corporation Ltd faced substantial losses from absorbing increased fuel costs to ensure consumer stability, straining its financial health.
Brent Crude: Brent Crude prices surged significantly due to geopolitical tensions, leading to increased input costs for Indian oil marketing companies.
Apr 29, 2026 · 16 articles
International
Petroleum: Global petroleum shipments are severely disrupted by the standoff in the Strait of Hormuz, leading to increased prices and economic fallout.
Brent Crude: Brent Crude prices have risen significantly due to the disruption of oil shipments caused by the Strait of Hormuz standoff.
Apr 26, 2026 · 104 articles
International
Petroleum: Petroleum has surged due to the closure of the Strait of Hormuz, reflecting the severe shock to global energy supplies. Its volatility is directly tied to developments in the conflict.
Brent Crude: Brent Crude prices have been highly volatile due to the conflict and the Strait of Hormuz blockade, reflecting market uncertainty and supply disruptions.
Apr 11, 2026 · 283 articles
International
Petroleum: US crude oil futures fell below $100 per barrel after the announcement of a pause in 'Project Freedom', reflecting market reaction to potential de-escalation in the Strait of Hormuz conflict.
Brent Crude: Brent Crude prices dropped significantly following the announcement of the pause in US escort operations, reflecting market relief over de-escalation.
May 06, 2026 · 31 articles
International
Petroleum: Petroleum prices jumped due to the US-Iran clashes in the Strait of Hormuz, reversing recent declines and reflecting increased geopolitical risk.
Brent Crude: Brent Crude prices have significantly increased due to the disruptions in the Strait of Hormuz and the escalating conflict, reflecting market concerns over oil supply.
May 04, 2026 · 46 articles
International
Petroleum: Petroleum prices fell due to hopes of a deal to reopen the Strait of Hormuz, directly impacting global energy markets.
Brent Crude: Brent Crude futures have risen above $100 a barrel due to renewed fighting and tensions in the Strait of Hormuz, reflecting market concerns over oil supply disruptions.
May 04, 2026 · 139 articles
International
Petroleum: The conflict and blockade of Iranian ports directly impact the trade and supply of Petroleum, particularly through the Strait of Hormuz.
Brent Crude: The price of Brent Crude rose by 2.6% to $102.70 a barrel due to concerns over military action in the Strait of Hormuz, a critical trade route for oil and gas.
Apr 22, 2026 · 36 articles
International
Petroleum: The average price of Petroleum, used for Russia's taxation, jumped to $77 per barrel in March, significantly boosting Russia's oil tax revenue.
Brent Crude: Brent Crude futures shot past $100 per barrel following the closure of the Strait of Hormuz, indicating a significant increase in global oil prices.
Apr 09, 2026 · 15 articles
International
Petroleum: The conflict and the closure of the Strait of Hormuz have significantly impacted global petroleum supplies and prices, leading to market volatility.
Brent Crude: Brent Crude prices have been highly volatile, surging due to the effective closure of the Strait of Hormuz and falling on hopes for a peace deal, reflecting the significant impact of the conflict on global energy markets.
Apr 08, 2026 · 702 articles
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