Iran & Petroleum
167 shared events · Importance 58 · Last updated May 17, 2026
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International
Iran: Iran is a central party in the conflict, facing a naval blockade and economic sanctions from the United States. Its actions, including restricting the Strait of Hormuz, have caused major disruptions to global oil and gas supplies and its economy is being destroyed by the blockade.
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.
Apr 08, 2026 · 307 articles
International
Iran: Iran delivered a new peace proposal to the United States and has maintained its blockade of the Strait of Hormuz, leading to severe economic consequences domestically.
Petroleum: Petroleums have spiked more than 50% above pre-war levels due to the prolonged closure of the Strait of Hormuz.
Apr 26, 2026 · 17 articles
International
Iran: Iran's alleged mining of the Strait of Hormuz and its disagreements on ceasefire details are directly causing oil price surges and global market concerns.
Petroleum: Petroleum prices surged significantly due to fears of supply disruptions from the Strait of Hormuz and ongoing geopolitical tensions, impacting global energy markets.
Apr 09, 2026 · 7 articles
International
Iran: Iran's actions in the Strait of Hormuz have effectively shut down a critical oil passage, leading to a global energy crisis and increased oil and gasoline prices. The United States has also blocked Iranian ports to stop its oil exports, further impacting Iran's economy.
Petroleum: The price of Petroleum, the main ingredient in gasoline, has climbed significantly due to the effective closure of the Strait of Hormuz and the resulting supply disruption.
May 05, 2026 · 20 articles
International
Iran: Iran is a central player in the event, facing a blockade from the United States and threatening to close the Strait of Hormuz, which significantly impacts its economy and global oil trade. Its refusal to negotiate under current conditions prolongs the conflict.
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.
Apr 19, 2026 · 29 articles
International
Iran: Iran is a central actor in this event, claiming to have forced a United States warship to turn back from the Strait of Hormuz and enforcing a blockade, which has significantly impacted global oil and gas shipments. Iran is also reviewing a peace proposal from the United States.
Petroleum: Petroleums jumped 5% due to renewed concerns about the continued blockage of the Strait of Hormuz, which has already cut off a significant portion of global oil and gas shipments, leading to a 50% or more increase in prices.
May 04, 2026 · 6 articles
International
Iran: Iran has maintained a blockade of the Strait of Hormuz, leading to soaring oil prices and direct confrontation with the United States. Iran's actions have severely impacted global trade and its own international standing.
Petroleum: Petroleums have soared by 50% or more due to Iran's blockade of the Strait of Hormuz, with further volatility expected from the US military intervention.
May 04, 2026 · 7 articles
International
Iran: Iran is a central belligerent in the Middle East war, proposing a peace plan that was rejected by the United States. Its actions, including restricting the Strait of Hormuz and conducting military drills, have significantly impacted global energy and food supplies.
Petroleum: Petroleum prices spiked due to Donald Trump's reaction to Iran's counteroffer and Iran's restrictions on the Strait of Hormuz, contributing to a global energy crisis.
May 12, 2026 · 6 articles
International
Iran: The ongoing war involving Iran is the primary cause of supply chain disruptions, increased raw material costs, and shipping delays, directly impacting the global condom industry and other sectors.
Petroleum: The price of Petroleum has surged due to the Iran war, directly impacting gasoline, diesel, and jet fuel prices globally.
Apr 15, 2026 · 59 articles
International
Iran: Iran, despite being battered by military actions, presented a 'workable' plan leading to a ceasefire with the United States. Iran will also be allowed to charge fees for ships transiting the Strait of Hormuz, using the funds for reconstruction.
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.
Apr 07, 2026 · 79 articles
International
Iran: Iran is a central party in the ongoing conflict and peace talks. Its actions, such as restricting movement in the Strait of Hormuz and its nuclear program, are key points of contention. The country faces severe economic fallout due to blockades and sanctions.
Petroleum: Global petroleum shipments are severely disrupted by the standoff in the Strait of Hormuz, leading to increased prices and economic fallout.
Apr 26, 2026 · 104 articles
International
Iran: Iran is a central party in the conflict and the peace talks. Its actions, such as blocking the Strait of Hormuz and its stance on nuclear ambitions and sanctions, directly impact global energy markets and the success of diplomatic efforts.
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.
Apr 11, 2026 · 283 articles
International
Iran: Iran is a central party in the conflict, proposing a deal to open the Strait of Hormuz and end the US blockade, while facing potential renewed strikes from the United States. Its actions directly impact global energy supplies and market stability.
Petroleum: The disruption of Petroleum supplies through the Strait of Hormuz has led to increased prices and global market instability.
May 02, 2026 · 24 articles
International
Iran: Iran has effectively closed the Strait of Hormuz, using it as leverage against the United States. It has launched attacks on commercial ships and the United Arab Emirates, denying US claims of sinking its boats and accusing the US of violating the ceasefire.
Petroleum: Petroleum prices jumped due to the US-Iran clashes in the Strait of Hormuz, reversing recent declines and reflecting increased geopolitical risk.
May 04, 2026 · 46 articles
International
Iran: Iran's actions in the Strait of Hormuz, including firing on and seizing ships, have escalated geopolitical tensions and contributed to rising crude oil and gasoline prices. The country is also engaged in stalled negotiations with the United States.
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.
Apr 22, 2026 · 43 articles
International
Iran: Iran is facing a U.S. blockade on its ports, has had its oil tankers disabled, and its military facilities retaliated against. It is also in negotiations to end a war, and its foreign ministry views U.S. strikes as a ceasefire violation.
Petroleum: Global oil supplies have been significantly disrupted by the Iran war, leading to surging gasoline prices in the U.S.
May 08, 2026 · 8 articles
International
Iran: Iran closed the Strait of Hormuz in retaliation to strikes by the United States and Israel, sparking an energy crisis and leading to international sanctions and military deployments.
Petroleum: Petroleum prices rocketed due to the closure of the Strait of Hormuz and increased sharply after Donald Trump dismissed Iran's peace proposal.
May 12, 2026 · 6 articles
International
Iran: Iran was attacked by the United States and Israel, and in response, blocked the Strait of Hormuz, a critical global trade artery, causing a surge in oil and gas prices.
Petroleum: The price of Petroleum surged due to hostilities in the Middle East and the blocking of the Strait of Hormuz, leading to higher pump prices globally.
May 02, 2026 · 8 articles
International
Iran: Iran is a central party in the conflict, accused of missile and drone attacks, and maintaining a 'chokehold' on the Strait of Hormuz. Its actions and responses to peace talks significantly impact the event.
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.
May 06, 2026 · 31 articles
International
Iran: Iran's peace proposal was rejected by Donald Trump, leading to continued conflict and economic pressure from sanctions and a naval blockade. Iran maintains sovereignty over the Strait of Hormuz and continues to defend its national interests.
Petroleum: Petroleum prices surged significantly due to the rejection of the peace proposal and the continued paralysis of shipping through the Strait of Hormuz, indicating market instability.
May 10, 2026 · 35 articles
International
Iran: The ongoing war with Iran is causing rising oil prices and contributing to inflation in the United States, and is accused of attacking Kuwait — Bubiyan Island.
Petroleum: Petroleum rose more than 3% as the war with Iran threatens to drag on, contributing to inflation and market instability.
May 12, 2026 · 9 articles
International
Iran: Iran is evading U.S. sanctions by conducting clandestine ship-to-ship transfers of oil, primarily to China, using a 'shadow fleet' near Malaysia's waters.
Petroleum: Petroleum is the commodity being illicitly transferred by Iran to evade U.S. sanctions, with significant volumes involved in the ship-to-ship operations.
May 13, 2026 · 6 articles
International
Iran: Iran's involvement in the Middle East war is a key element driving the economic uncertainty, particularly concerning oil supply disruptions and geopolitical risks.
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.
Apr 28, 2026 · 23 articles
International
Iran: The Iran war has caused significant shipping disruptions, particularly the closure of the Strait of Hormuz, leading to fossil fuel shortages and price increases in Asia.
Petroleum: Petroleum prices have increased significantly due to the Iran war, leading to fuel shortages and driving Asian nations to seek alternative energy sources.
May 15, 2026 · 7 articles
International
Iran: The war involving Iran has led to the effective closure of the Strait of Hormuz, significantly impacting global oil supplies and prices.
Petroleum: The price of Petroleum has soared due to the closure of the Strait of Hormuz and reduced Middle East output, leading to revised demand forecasts.
May 13, 2026 · 6 articles
International
Iran: The war involving Iran has disrupted global oil supplies, leading to soaring diesel prices that are causing economic difficulties worldwide.
Petroleum: The war involving Iran has disrupted the flow of approximately one-fifth of the world's oil supplies, leading to a rapid increase in fuel prices.
May 16, 2026 · 10 articles
International
Iran: Iran's Foreign Minister Abbas Araghchi is visiting India for BRICS meetings amid the US-Israel war with Iran. Iran has virtually blocked the Strait of Hormuz, impacting global oil and gas prices, and is seeking to strengthen multilateral cooperation through BRICS.
Petroleum: Global oil prices have surged due to Iran's virtual blocking of the Strait of Hormuz, impacting global energy supply chains.
May 13, 2026 · 14 articles
International
Iran: Iran is a primary belligerent in the conflict, engaging in military actions, closing the Strait of Hormuz, and establishing a new agency to control shipping, leading to international condemnation and economic strain.
Petroleum: Petroleum prices fell due to hopes of a deal to reopen the Strait of Hormuz, directly impacting global energy markets.
May 04, 2026 · 139 articles
International
Iran: Iran is at the center of the conflict, with its tankers being targeted, its ports blockaded, and its Islamic Revolutionary Guard Corps issuing threats. The country's economy is heavily impacted by the conflict and oil exports.
Petroleum: The conflict, particularly the closure of the Strait of Hormuz and the blockade of Iranian ports, has caused turmoil in global markets and driven up oil prices.
May 09, 2026 · 14 articles
International
Iran: Iran engaged in military exchanges with the United States, accusing the US of violating the ceasefire and targeting its ships and territory. Iran also opened fire on a container ship in the Strait of Hormuz and is considering a US proposal for a peace deal.
Petroleum: The conflict and blockade of Iranian ports directly impact the trade and supply of Petroleum, particularly through the Strait of Hormuz.
Apr 22, 2026 · 36 articles
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