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Iran's Disappearing Oil Is Becoming Everyone's Problem
Iran's Disappearing Oil Is Becoming Everyone's Problem
Authored by Natalia Katona via OilPrice.com,
Iranian oil is disappearing from the market just as its biggest buyer returns for more. China's recovering crude demand is colliding with the loss of a supplier that sustained its independent refiners through the crisis, forcing them to compete for increasingly expensive alternatives. The consequences reach beyond China: every replacement barrel tightens supplies for other buyers, while Tehran faces a growing incentive to disrupt the Strait of Hormuz, which is now carrying an unexpectedly strong 13 million barrels...
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Mar 10, 2026 / Dave DeCamp
Trump Threatens ‘Consequences Never Seen Before’ If Iran Mines the Strait of Hormuz
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Asian Oil Buying Spree Sends Dubai Crude Toward $100
Asian Oil Buying Spree Sends Dubai Crude Toward $100
Authored by Irina Slav via OilPrice.com,
Stronger appetite for Middle Eastern crude grades from China and India has added upward pressure on prices for these grades, pushing the Dubai futures close to $100 per barrel, Bloomberg reported today, citing unnamed traders.
Demand for Middle Eastern oil is especially strong from refining majors such as Indian Oil Corp. and PetroChina, as well as refiners in South Korea and Japan, the report said. This is despite the latest escalation between the United States and Iran,...
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