OPEC crude output rose by 640,000 bpd as Saudi Arabia increased production ahead of escalating tensions with Iran, according to a Bloomberg survey. The surge came just before tanker flows through the Strait of Hormuz were disrupted by regional conflict. SourceContinue Reading

Iran’s All-or-Nothing Game in the Strait of Hormuz | OilPrice.com Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Premium Content By Tom Kool – Mar 13, 2026, 10:00 AM CDT Brent crude is set...Continue Reading

Middle East Conflict Halts 15% of TotalEnergies Oil and Gas Production | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Mar 13, 2026, 9:30 AM CDT The war in the Middle East has effectively shut in 15% of TotalEnergies’ global oil...Continue Reading

For decades, global attention has focused on the potential “red line” of Iran’s nuclear program. Intelligence agencies track centrifuge installations, debate enrichment levels, and speculate about the possibility of a nuclear breakout. But while the world has been watching Iran’s nuclear program, it has a far more immediate strategic lever. Iran’s most powerful weapon is...Continue Reading

Banks Hike Oil Price Forecasts, and Some See $150 Crude | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – Mar 13, 2026, 8:30 AM CDT Investment banks are scrambling to revise up their oil price forecasts as the Middle East war...Continue Reading

Germany criticized the U.S. decision to temporarily ease sanctions on Russian oil cargoes already at sea, warning the move could send the wrong signal to Moscow as oil prices rise following the Iran conflict. SourceContinue Reading

Mach Natural Resources reported a 109% increase in total proved reserves to 705 MMboe following acquisitions in the Permian and San Juan basins. The company also posted strong 2025 production of 154 MMboe/d and reaffirmed its 2026 development outlook. SourceContinue Reading

19 Million Barrels of Russian Crude Cleared for Sale in Asia | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 13, 2026, 7:30 AM CDT Refiners can legally buy at...Continue Reading

The Largest Oil Supply Shock in History | OilPrice.com Premium Content By Editorial Dept – Mar 13, 2026, 7:30 AM CDT The IEA estimates that at least 10 million bpd of supply has already been shut in, making it the largest disruption the oil market has ever faced. Refineries across the Gulf are reducing runs...Continue Reading

Global Energy Markets in Crisis as War Chokes Supply Chains | OilPrice.com Premium Content By Editorial Dept – Mar 13, 2026, 7:30 AM CDT Oil on War Footing The disruption to Qatar’s LNG system is now spreading through the global trading network. Shell and TotalEnergies have begun notifying customers that deliveries may be disrupted after...Continue Reading