What an attack means for oil markets

A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017.  Fatemeh Bahrami | Anadolu | Getty Images President Donald Trump’s order to strike Iranian military assets on Kharg Island…

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IEA record reserve release, markets doubt relief

A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. Lucy Nicholson | Reuters Oil prices surged more than 8% with Brent crude hitting $100 per barrel Thursday, as traders remain unconvinced that release of government stockpiles could offset the massive supply shock triggered by the war in the Middle East. The…

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Stoxx 600, FTSE, DAX, CAC, Iran war latest news

Galaxy Globe bulk carrier and Luojiashan tanker sit anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. Benoit Tessier | Reuters LONDON — European stocks look set to open notably higher on Tuesday, as traders watch developments in the Middle…

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Stoxx 600, FTSE, CAC, DAX, Iran latest

Vadimrysev | Istock | Getty Images LONDON — European stocks are expected to start the new trading week heavily lower as traders track developments in the Middle East and a surge in oil prices. The U.K.’s FTSE index is seen opening 0.9% lower while Germany’s DAX is seen down 2.67%, France’s CAC 40 down 2.3%…

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