News on this topic
Trump: ‘When oil prices go up, we make a lot of money’: President Trump argued the U.S. benefits when oil prices go up on Thursday amid growing concerns over the ...
thehill.com/homenews/administration/5780543-us-oil-prices-trump/

US military ‘not ready’ to escort oil ships through Hormuz, official says: Iran’s Mojtaba Khamenei says strait should remain closed as Donald Trump claims US ...
aljazeera.com/news/2026/3/12/us-military-not-ready-to-escort-oil-ships-through-hormuz-official-says

What on earth is going on with the oil price?: Oil price moves have made headlines since the Iran conflict started - but why have there been such sharp swings?
bbc.co.uk/news/articles/ce3g49w5zxwo

More articles on this subject
Previous
Three more ships struck in the Persian Gulf as Iran warns of oil prices hitting $200
cnbc.com/2026/03/12/iran-war-persian-gulf-strait-of-hormuz-ships-uae-iraq.html

Trump Bragged About Low Gas Prices. The Iran Conflict Has Him Doing An About-Face.
huffpost.com/entry/iran-us-trump-oil_n_69b34706e4b01742cee291e8

Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war
apnews.com/article/oil-stocks-markets-iran-crude-trump-45f78a8cfe9a5c7e1a2279150a2f90f1

Trump faces limited gas-price options on Iran: Nothing will approach normal until large-scale tanker traffic through the Strait of Hormuz resumes.
axios.com/2026/03/12/iran-oil-markets-trump-prices-gas-energy

Oil prices surge above $100 per barrel after six ships attacked in Persian Gulf, Strait of Hormuz
nypost.com/2026/03/12/world-news/oil-prices-surge-above-100-per-barrel-after-six-ships-attacked-in-persian-gulf-strait-of-hormuz/

Iranian oil squeeze tests Trump's war plans: "The Iranians f*cking around with the Strait makes him more dug in," a senior Trump official told Axios.
axios.com/2026/03/12/trump-iran-oil-prices-hormuz

U.S. oil stockpile is at a three-decade low: The U.S. has the largest oil stockpile among the countries releasing 400 million barrels of oil to deal with the ...
axios.com/2026/03/12/oil-prices-reserve-iran-war

Oil soars 10% as 'largest supply disruption' in history worsens: The price of oil jumped more than 10%, as the war on Iran was "creating the largest supply ...
nbcnews.com/business/energy/iran-war-oil-prices-supply-trump-rcna263135

Iran’s new supreme leader vows to keep Hormuz shut in defiant first remarks: The prospect that one of the most severe disruptions ever to hit global energy ...
timeslive.co.za/news/world/2026-03-12-irans-new-supreme-leader-vows-to-keep-hormuz-shut-in-defiant-first-remarks/
Stocks fall as Iran’s new supreme leader vows to keep Strait of Hormuz closed: Stocks fell and oil prices surged Thursday as the war with Iran continued to stoke ...
edition.cnn.com/2026/03/12/investing/us-stocks-oil-iran

Donald Trump Gives Update to Newsweek on Strait of Hormuz Opening: President Trump told Newsweek the Strait of Hormuz is reopening as oil prices climb ...
newsweek.com/strait-of-hormuz-opening-donald-trump-iran-mines-11661502

Not ‘a litre of oil’ to pass Strait of Hormuz, expect $200 price tag: Iran: Warning comes as 400 million barrels of oil are being released from global reserves ...
aljazeera.com/news/2026/3/11/irans-irgc-says-not-one-litre-of-oil-will-get-through-strait-of-hormuz

Oil prices hit $100 per barrel after Iran attacks three more cargo vessels: On Wednesday, three vessels were attacked by Irans Revolutionary Guards ...
wionews.com/world/oil-prices-hit-100-per-barrel-after-iran-attacks-three-more-cargo-vessels-1773306891318

Iran War Causing Largest Ever Oil Disruption, I.E.A. Says: Conflict is forcing producers to slash production and close ports as Iran steps up attacks on energy ...
nytimes.com/2026/03/12/world/middleeast/iran-war-oil-iea.html

Trump faces escalating oil crisis over Iran blocking Strait of Hormuz: The International Energy Agency said it's the largest disruption in history.
abcnews.com/Politics/trump-faces-escalating-oil-crisis-iran-blocking-strait/story

With Hormuz in its grip, Iran ships more oil even as war halts others: With Hormuz in its grip, Iran ships more oil even as war halts others
wionews.com/world/with-hormuz-in-its-grip-iran-ships-more-oil-even-as-war-halts-others-1773255260129

Iran tells world to get ready for oil at $200 a barrel: So far there has been no let-up on the ground, or any sign that ships can resume sailing through the ...
detroitnews.com/story/news/world/2026/03/11/iran-fires-back-bases-ships-despite-wars-most-intensive-strikes/89096648007/
New wave of Iran attacks as IEA weighs oil reserve release
today.rtl.lu/news/world/us-targets-iran-mine-laying-as-war-causes-oil-market-havoc-469758009
Iran tells world 'get ready for $200 a barrel': Iran's military command said on Wednesday the world should be prepared for oil to hit $200 a ...
omanobserver.om/article/1185975/world/region/iran-tells-world-get-ready-for-200-a-barrel
Inflation held steady last month before attack on Iran sent oil prices higher: Inflation stayed stubbornly elevated last month as gas prices rose in a snapshot ...
apnews.com/article/inflation-gas-oil-trump-7303e4593d62c2dee899489571cb0548
‘HIDDEN HAND’ EXPOSED: British forces attacked, casualties mount: Welcome to our live coverage of the US and Israel’s war with Iran.
news.com.au/world/middle-east/usiran-live-updates/live-coverage/86155df143a4d0b2e4eb9bf1f22c00a0
M1 Sheffield: Traffic chaos after lorry catches fire on motorway: This is the scene on the M1 near Sheffield this morning after an incident closed the road (8 ...
thestar.co.uk/news/traffic-and-travel/m1-sheffield-traffic-chaos-after-lorry-catches-fire-on-motorway-junction-34-5626191

A reminder, as oil prices spike: EVs are the #1 route to energy independence: As global oil prices spike by +50% with US starting another conflict ...
electrek.co/2026/03/10/a-reminder-as-oil-prices-spike-evs-are-the-1-route-to-energy-independence/

Iran War Live Updates: New Supreme Leader Issues Defiant Statement Amid Growing Disruption to Global Oil Supplies
nytimes.com/live/2026/03/12/world/iran-war-news-trump-oil-israel

Oil tankers burn as Iranian strikes defy Trump's claim to have won the war: The war has so far killed around 2,000 people.
reuters.com/world/middle-east/trump-iran-signal-no-quick-end-war-tankers-burn-iraqi-waters-2026-03-12/

Oil gains 8% as Iran says Strait of Hormuz closure to continue: NEW YORK (Reuters) -- Oil prices rose about 8% on Thursday as Iran stepped up attacks on oil and ...
asia.nikkei.com/spotlight/iran-tensions/oil-gains-8-as-iran-says-strait-of-hormuz-closure-to-continue
Iran destroys two oil tankers hundreds of miles from Strait of Hormuz: Iran has struck two oil tankers with explosives, causing them to burst into flames off the ...
metro.co.uk/2026/03/12/two-tankers-explode-attack-drone-boats-iran-warns-world-oil-reach-200-a-barrel-27377922/

Iran threatens $200 oil barrels as US prepares massive release of emergency petroleum reserves
foxbusiness.com/economy/iran-threatens-200-oil-barrels-us-prepares-massive-release-emergency-petroleum-reserves

Oil tankers burn near Iraq as Iranian strikes defy Trump's claim to have won the war
reuters.com/world/middle-east/trump-iran-signal-no-quick-end-war-tankers-burn-iraqi-waters-2026-03-12/

What Will Happen to Oil Prices If the War in Iran Drags On?: It’s not just oil prices. Petroleum analyst Patrick De Haan discusses the frightening economic ...
nymag.com/intelligencer/article/iran-war-oil-prices-strait-hormuz.html

Top updates: Conflict has caused largest-ever oil supply disruption, says energy agency
scroll.in/latest/1091330/top-updates-iraq-halts-oil-terminal-operations-after-strikes-un-calls-for-end-to-attacks-in-gulf

Iran war drives oil above $100, raising inflation risks for South Africa: South Africa’s economic outlook is facing renewed uncertainty as the widening war ...
mg.co.za/news/2026-03-09-iran-war-drives-oil-above-100-raising-inflation-risks-for-south-africa/

Oil prices continue to rise amid US-Israel with Iran: OIL prices continue to rise after three more cargo vessels were hit in the Gulf as the economic impact of ...
thenational.scot/news/25929377.oil-prices-continue-rise-amid-us-israel-iran/

Oil price tops $100 again as Iran strikes economic targets across Middle East: Vast release of emergency crude reserves fails to quell mounting fears about ...
theguardian.com/us-news/2026/mar/11/us-oil-iran-israel-war

Crude prices are higher after IEA announces historic oil reserve release: Oil prices moved higher on Wednesday as markets continue to watch developments in the U ...
cnbc.com/2026/03/11/oil-price-today-crude-wti-us-iran-war-strait-hormuz-iea.html

Oil prices surge and stocks fall as Iran escalates shipping attacks: Global oil prices spiked above $100 a barrel before settling slightly lower.
abcnews.com/Business/oil-prices-surge-stocks-fall-iran-escalates-shipping/story

America is an oil exporter. Why does a Mideast war raise US gas prices?: The US-Israeli attacks on Iran have intensified and the conflict has widened ...
bostonglobe.com/2026/03/10/business/gas-price-mideast-war-explainer/

Shares skid, oil surges above $100 a barrel as Iran attacks Gulf shipping: Investors took little comfort from the International Energy Agency's plan to release ...
reuters.com/world/china/global-markets-global-markets-2026-03-12/

Iran warns of ‘continuous strikes’, says crude oil could hit $200 per barrel: The increase in petrol prices is already affecting many Nigerians ...
premiumtimesng.com/business/business-news/863355-iran-warns-of-continuous-strikes-says-crude-oil-could-hit-200-per-barrel.html
Rupee, inflation, growth: How global energy shock threatens India’s Goldilocks era
indianexpress.com/article/explained/explained-economics/rupee-inflation-growth-how-global-energy-shock-threatens-indias-goldilocks-era-10578185/

Iran war LIVE: Strait of Hormuz vessels hit and Dubai airport struck by strikes: Mr Trump threatened to hit Iran at “a level never seen before” if the country ...
manchestereveningnews.co.uk/news/world-news/iran-war-live-us-dubai-33568470

The Strait of Hormuz: Iran’s oil weapon: My favourite example is probably salt and vinegar crisps. Over the past few years I’ve been compiling a list of products ...
newstatesman.com/international-politics/geopolitics/2026/03/in-the-strait-of-hormuz-the-world-economy-is-being-strangled

SA exposed as Middle East conflict pushes oil above $100: Surging oil prices linked to the Middle East conflict are exposing South Africa’s dependence on ...
mg.co.za/news/2026-03-10-sa-exposed-as-middle-east-conflict-pushes-oil-above-100/

Oil shock: Iran has the world over a barrel, and there’s no quick fix: The International Energy Agency will release 400 million barrels of oil into the market ...
smh.com.au/business/markets/oil-shock-iran-has-the-world-over-a-barrel-and-there-s-no-quick-fix-20260312-p5o9pt.html
Trump can’t TACO out of the Iran war’s oil price shock: President Donald Trump has a sales pitch for Americans worried about high oil and gas prices: Rising fuel ...
cnn.com/2026/03/11/business/price-oil-trump-gas-war

Gold prices drop as rising oil prices and stronger dollar weigh on precious metal
khaleejtimes.com/business/markets/gold-prices-slip-due-to-high-oil-prices-on-march-12

Pain at the pump — American motorists feel the jerk as Iran war propels petrol prices
trtworld.com/article/ae47c0057d68
Can the president bring down gas prices? Here are 5 options available to Trump.: Gas prices in the U.S. have surged roughly 20% since the attack on Iran ...
cbsnews.com/news/trump-lower-oil-gas-prices-iran-war/
Brent Crude Oil Tops $100 a Barrel as Iran Attacks Shipping: Oil prices shot more than 9% higher as supply concerns worsened with Iranian attacks on commercial ...
deccanchronicle.com/west-asia/brent-crude-oil-tops-100-a-barrel-as-iran-attacks-shipping-1943270

Iran war live: Three ships hit in Gulf as Strait of Hormuz remains blockaded: The International Energy Agency recommended releasing 400 million barrels from ...
reuters.com/world/iran-war-live-tehran-continues-fire-israel-targets-across-middle-east-2026-03-11/
Oil prices dive as Trump says Iran war will end ‘very soon’: Oil prices fell sharply Tuesday after US President Donald Trump said the war with Iran would be over ...
edition.cnn.com/2026/03/10/business/oil-prices-fall-iran-war-intl

Brent crude oil jumps above $100 a barrel as Iran's attacks on shipping worsen supply concerns
deccanherald.com/business/west-asia-conflict-brentcrude-oil-jumps-above-100-a-barrel-as-irans-attacks-on-shipping-worsen-supply-concerns-3928804

'Oil will reach $200 a barrel': Iran's stark warning to US, Israel & partners: Iran warns oil prices could surge to $200 a barrel as Tehran threatens continuous ...
deccanherald.com/world/middle-east/oil-will-reach-200-a-barrel-irans-stark-warning-to-us-israel-partners-3927982

We Need To Talk About Fuel Prices and Iran: Fuel prices are on the rise in America, with the conflict in Iran presumed to be the primary culprit ...
thetruthaboutcars.com/cars/features/we-need-to-talk-about-fuel-prices-and-iran-45134275

Why emergency oil releases won’t fix this crisis: Investors rattled by the war in Iran have sent oil prices skyrocketing – and global governments have noticed ...
edition.cnn.com/2026/03/10/business/emergency-oil-release-gas-prices
As U.S.-Israeli war with Iran intensifies, Trump says it is "very far ahead of schedule"
cbsnews.com/live-updates/us-iran-war-israel-stock-prices-down-oil-prices-up-despite-trump-reassurance/

The U.S.-Iran war is the biggest oil supply disruption in history: The global oil market will need to balance by destroying demand through sharply rising oil ...
cnbc.com/2026/03/09/the-us-iran-war-is-the-biggest-oil-supply-disruption-in-history.html

Iran has Trump stretching to find silver lining in high oil prices: Oil and gas prices have spiked with the war in Iran. That has President Donald Trump pivoting ...
apnews.com/article/trump-iran-oil-hormuz-7abbe9d8140de1e61355fb3ddb94639d

Oil to touch $200? Wood Mackenzie analysis says 15mn barrel oil going offline per day
financialexpress.com/market/global-markets/oil-to-touch-200-wood-mackenzie-analysis-says-15mn-barrel-oil-going-offline-per-day/4169035/

The Iran war and surging oil prices are affecting consumers. Here's how: You don't have to drive a car to be affected.
pbs.org/newshour/economy/the-iran-war-and-surging-oil-prices-are-affecting-consumers-heres-how

OpinionAnalysis: Iran war becomes a contest of who can take the most pain: The war with Iran, for all its complexity and global effects, boils down to a single ...
pressdemocrat.com/2026/03/11/iran-us-war-analysis/

Gita Gopinath warns fiscal space 'depleted' for long-lasting Iran war: Gita Gopinath said the world economy is already facing a slowdown in growth in 2026 due to ...
business-standard.com/world-news/gita-gopinath-warns-fiscal-space-depleted-for-long-lasting-iran-war-126031100096_1.html
Oil prices swing wildly amid mixed messages over Iran war: Crude oil prices fall sharply as energy markets remain on tenterhooks over effective closure of the ...
aljazeera.com/economy/2026/3/11/oil-prices-swing-wildly-amid-mixed-messages-over-iran-war

Could the Iran war’s oil shock trigger a recession in the US economy?: Could the Iran war’s oil shock trigger a recession in the US economy?
wionews.com/world/could-the-iran-war-s-oil-shock-trigger-a-recession-in-the-us-economy-1773151431599

Drive less & stop braking sharply to save fuel, Brits urged… as fears grow over skyrocketing petrol prices...
thesun.co.uk/news/38452686/petrol-prices-oil-heating-gas-uk-iran-war/

War in Iran has US gas prices spiking. Drilling for more oil here won’t fix things
edition.cnn.com/2026/03/09/climate/us-oil-drilling-gas-prices-iran-war

Oil prices decline after nearly hitting $120 as Trump says U.S. considering taking over Strait of Hormuz
cnbc.com/2026/03/08/crude-oil-prices-today-iran-war.html

Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping
apnews.com/article/markets-oil-iran-trump-war-brent-72e8c9a29c2ba1fd761ee968f3d4e553

Why the price of oil matters more than you might think: A shock to oil supplies is rattling financial markets, driving up prices at the pump and raising fears of ...
bbc.co.uk/news/articles/cr457nq7z61o

‘We make a lot of money’: Trump cheers oil price spike during Iran crisis: Donald Trump has said higher oil prices benefit the US as tensions with Iran disrupt ...
indianexpress.com/article/world/us-news/trump-oil-prices-us-makes-money-strait-of-hormuz-iran-tensions-10579253/

Trump administration starts to panic over rapidly rising oil costs: While senior Trump aides had anticipated some brief surge in oil prices in the first days of ...
edition.cnn.com/2026/03/09/politics/rising-oil-costs-gas-trump

Oil retreats even after Energy Secretary wrongly claims Navy escorted tanker through Strait of Hormuz
cnbc.com/2026/03/10/crude-oil-prices-today-iran-war.html

What smart people are saying about inflation amid the war in Iran: Business Insider spoke with experts and reviewed commentary to see what smart people think the ...
businessinsider.com/what-smart-people-saying-about-inflation-energy-prices-iran-war-2026-3
CNA Explains: Will petrol prices go down if the Iran war ends?: Motorists should brace for continued volatility in pump prices even if a ceasefire is declared ...
channelnewsasia.com/singapore/pump-petrol-prices-oil-iran-war-5983381

Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway
cnbc.com/2026/03/11/iran-ships-oil-china-strait-hormuz-closure-.html

Government could cap fuel prices as war drives up price: The Government could consider capping fuel prices if the situation warranted it ...
royalgazette.com/general/news/article/20260310/government-could-cap-fuel-prices-as-war-drives-up-price/
Motorists are being urged to cut back on unnecessary journeys as oil prices surge – NATIONAL NEWS
rugbyobserver.co.uk/news/motorists-are-being-urged-to-cut-back-on-unnecessary-journeys-as-oil-prices-surge-national-news-60627/

Next
Similar to This
Previous
Oil prices jump over 7% after Trump says attacks on Iran will continue: Oil prices climbed after President Donald Trump said the U.S. would continue attacks on ...
reuters.com/business/energy/oil-prices-drop-hopes-us-pullback-iran-war-2026-04-02/

Why stopgap measures will fail to curb fuel price rises: A record amount of oil has been taken off the market since the start of the Iran war ...
1news.co.nz/2026/04/02/why-stopgap-measures-will-fail-to-curb-fuel-price-rises/

Walking away from the Strait of Hormuz won’t make gas cheap again: The world economy is being held hostage by the de facto closure of the Strait of Hormuz.
cnn.com/2026/04/01/business/gas-prices-trump-strait-of-hormuz-iran

Can Trump ‘take’ Iran’s oil? Here’s what would happen if he does so: President Trump’s threat to seize Iranian oil amid a Strait of Hormuz blockade faces severe ...
wionews.com/world/can-trump-take-iran-s-oil-here-s-what-would-happen-if-he-does-so-strait-of-hormuz-1774964415779

Trump says war will be over in 3 weeks: why oil is likely to stay elevated for far longer
indianexpress.com/article/explained/explained-economics/oil-prices-outlook-post-iran-conflict-crude-100-10612836/

Here's what the Trump administration is doing to lower oil and gas prices. Is it working?
cbsnews.com/news/gas-oil-prices-iran-war-trump/

Oil and gas prices soar as Iran attacks Gulf energy facilities: Global oil and natural gas prices have soared after Iran attacked a key natural gas facility in ...
apnews.com/article/stocks-markets-oil-iran-trump-1abeddf7c4bf19d1dc96b3f23c1de402
(URGENT) UAE pledges to supply crude oil to S. Korea with top priority: presidential adviser
en.yna.co.kr/view/AEN20260318005100315

$200 oil threat looks more likely: Analyst: Iran’s threat to send oil prices to $200 a barrel may sound like bombast, but as the energy crisis drags on ...
omanobserver.om/article/1186274/business/energy/200-oil-threat-looks-more-likely-analyst
Oil climbs further above $100, stocks swing as Iran war rages on: Oil prices renewed gains and climbed further above $100 a barrel on Monday while stocks ...
dailysabah.com/business/energy/oil-climbs-further-above-100-stocks-swing-as-iran-war-rages-on
Goldman Sachs says Brent Crude likely to ease to $70/bbl later this year: Goldman Sachs forecasts Brent above $100 in March as the Strait of Hormuz stays closed ...
financialexpress.com/business/news-goldman-sachs-says-brent-crude-likely-to-ease-to-70bbl-later-this-year-4172443/

European stocks set to slide further as oil prices stay above $100 a barrel: European stocks are expected to open lower as the conflict in the Middle East weighs ...
cnbc.com/2026/03/13/european-markets-stoxx-600-ftse-dax-cac-iran-news-oil-prices.html

What the Jones Act does and how a Trump suspension could affect fuel prices: Possible Jones Act waivers show how the Trump administration is scrambling to ease ...
axios.com/2026/03/12/trump-jones-act-waiver-oil-prices

Oil price jumps despite deal to release record amount of reserves: It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.
bbc.co.uk/news/articles/c1w5141vx53o

‘When oil prices go up, we make a lot of money’: Trump on US oil output: Oil prices jumped more than 9% to $100 a barrel, as the U.S.-Israeli war with Iran ...
financialexpress.com/world-news/when-oil-prices-go-up-we-make-a-lot-of-money-trump-on-us-oil-output/4171021/

Why the Strategic Petroleum Reserve Can’t Stave Off an Oil Price Shock: The world’s leaders are considering tapping emergency oil reserves to lower oil prices ...
barrons.com/articles/oil-prices-iran-war-hormuz-strategic-reserve-db018b69
Paid articlePaywallIran war's energy price shock is likely to spiral economy-wide: Fears about a stagflationary scenario are back.
axios.com/2026/03/09/oil-prices-gas-iran-war

How an oil lifeline became a clogged artery: the Strait of Hormuz: Millions of barrels of oil moved through the Strait of Hormuz every day – until the war in ...
theage.com.au/politics/federal/how-an-oil-lifeline-became-a-clogged-artery-the-strait-of-hormuz-20260305-p5o7qq.html
Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say: Most tanker owners, big oil companies and trading houses suspended crude oil ...
reuters.com/business/energy/oil-jumps-10-iran-conflict-could-spike-100-barrel-analysts-say-2026-03-01/

Next