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Issue · Markets · Economy
Global oil market and fuel prices
Supply, demand and prices in the world oil market, including the effect of the Iran war and Hormuz disruption on crude and diesel.
Momentum: New this weekTone 0 · neutral3 stories in 30 days
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Related issues
- Iran war 2026
The Iran war disrupted Gulf oil exports and left global inventories below pre-war levels, according to the IEA
- US inflation
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- Gross domestic product
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- US consumer price index
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Markets
- Brent
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People and institutions
- Iran
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- United States
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- US Energy Information Administration
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- FreightWaves
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- ThePrint
Covered together · 1 story
- Reported link
- Covered together
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No unusual move recorded for this issue's assets; latest moves across markets shown.
Key developments
Next · 9 Dec
The Federal Reserve decides on its policy rate
Next · 17 Dec
Bank of England announces its next monetary policy decision
14 Nov 2026
IEA says oil supply overtook demand in October as US diesel stays high14 Nov 2026
Fed hike bets and Iran oil risk put the yen and energy importers under pressure14 Nov 2026
UK economy grows 0.7% led by tech services as energy shock lifts rates
Latest news
- IEA says oil supply overtook demand in October as US diesel stays high
Markets · 17:00 UTC
UK economy grows 0.7% led by tech services as energy shock lifts ratesEconomy · 01:55 UTC
Other outlets
Latest headlines from established outlets. Links, not our findings.
Checked claims
False
Posts in September 2026 said the government would raise the price of subsidised Pertalite fuel from Rp10,000 to Rp13,500 a litre from 26 September 2026.Social media posts
False
Asked in a "60 Minutes" interview aired on 8 November 2026 about easing pressure on Russia, Trump said: "I didn't lift diesel sanctions. I made it possible for Russia to give, not us, but to the world, thousands and thousands of barrels of oil, of diesel.Donald Trump, President of the United States