Governments around the world are desperate to bring down oil prices in the wake of a cutoff of about one-fifth of the world’s supply due to the Iran war. Here are some of the moves we’ve seen so far: The International Energy Agency, a consortium of 32 countries that coordinate energy policy and emergency readiness,...Continue Reading

Ukraine Eyes Major Black Sea Gas Development With Romania’s OMV Petrom | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 16, 2026, 11:00 AM CDT Ukraine’s state energy company Naftogaz is in early-stage discussions with Romania’s OMV Petrom about jointly developing a potentially significant offshore...Continue Reading

EU Considers Naval Action to Reopen Vital Strait of Hormuz | 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 16, 2026, 10:30 AM CDT The European Union foreign ministers are discussing on Monday the potential to move an already operational...Continue Reading

Will Oil Really Go to $200 a Barrel as Iran Predicts? | OilPrice.com Simon Watkins Simon Watkins is a former senior FX trader and salesman, financial journalist, and best-selling author. He was Head of Forex Institutional Sales and Trading for… More Info Premium Content By Simon Watkins – Mar 16, 2026, 10:00 AM CDT Iran’s...Continue Reading

Middle East War Revives Interest in Alaska LNG | 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 16, 2026, 9:30 AM CDT Interest in the Alaska LNG export project has...Continue Reading

Trump Urges Oil-Importing Nations to Join Hormuz Security Coalition | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Mar 16, 2026, 9:00 AM CDT The United States...Continue Reading

Iraq To Restore Kirkuk-Turkey Pipeline as Iran War Chokes Off Exports | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 16, 2026, 8:30 AM CDT Iraq is scrambling to restore a northern oil export route that would send crude from the Kirkuk fields directly to...Continue Reading

Hormuz Crisis Sparks Urgent Call to Boost UK Gas Storage | 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 16, 2026, 7:30 AM CDT Energy associations and analysts are calling...Continue Reading

Fossil Fuel Reliance Is Ripping Away Nations’ Security, UN Says | 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 16, 2026, 6:30 AM CDT The war in the Middle East...Continue Reading

Japan Taps Emergency Oil Reserves | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 16, 2026, 5:30 AM CDT Japan has started releasing oil from its reserve to stabilize supply amid the continuing tanker traffic freeze in the Strait of Hormuz. Initially, the government will...Continue Reading