global oil market

A map showing the Strait of Hormuz and Iran is seen in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration
Global News
Why might President Trump find it hard to reopen the Strait of Hormuz?
21/03/2026
FILE PHOTO: Kremlin spokesman Dmitry Peskov attends a meeting of Russian President Vladimir Putin with Palestinian President Mahmoud Abbas at the Kremlin in Moscow, Russia, January 22, 2026. REUTERS/Ramil Sitdikov/Pool/File Photo
Global News
Russian energy demand seeing 'significant' bump from Iran war, Kremlin says
06/03/2026
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Global News
World oil market faces even larger 2026 surplus, IEA says
13/11/2025
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Local News
Malaysia supports OPEC's call for global oil market stability
26/08/2022

Latest News

Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi/ISNA/WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY
Global News
US and Iran exchange fire, but Trump says ceasefire still in effect
7 hours ago
Myanmar's Permanent Secretary of the Ministry of Foreign Affairs U Hau Khan Sum, Malaysia's Prime Minister Anwar Ibrahim and his wife Wan Azizah Wan Ismail, Thailand's Prime Minister Anutin Charnvirakul and his wife Thananon Niramit, East Timor's Prime Minister Xanana Gusmao, Vietnam's Prime Minister Le Minh Hung, Philippine President Ferdinand Marcos Jr. and his wife Liza Araneta Marcos, Singapore's Prime Minister Lawrence Wong and his wife Loo Tze Lui, Brunei's Sultan Hassanal Bolkiah and his son Prince A
Global News
Southeast Asian leaders seek strategy to ease impacts of Iran war
7 hours ago
Iranian navy fires a missile, at an unknown location, in this still image taken from a video released May 8, 2026. Pool via WANA (West Asia News Agency)/ via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. IRAN OUT. NO COMMERCIAL OR EDITORIAL SALES IN IRAN. NO USE BBC PERSIAN. NO USE VOA PERSIAN. NO USE MANOTO. NO USE IRAN INTERNATIONAL. NO USE RADIO FARDA. Verification Lines: Reuters could not verify the date and location of the footage. No older versions were found posted online be
Global News
UAE countering Iranian air attack after Trump says ceasefire still in effect
8 hours ago
Ships and boats in the Strait of Hormuz, Musandam, Oman, April 22, 2026. REUTERS/Stringer
Global News
Iran accuses US of violating ceasefire with new attacks
8 hours ago
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Global News
US targets Iraq oil official and militias with sanctions for aiding Iran
9 hours ago
U.S. President Donald Trump speaks during an event to mark Military Mother's Day, in the East Room at the White House in Washington, D.C., U.S., May 6, 2026. REUTERS/Kylie Cooper
Global News
US trade court rules Trump tariffs illegal, but issues narrow block
9 hours ago