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U.S. Oil Closes Above $100 for First Time Since 2022 on Iran War

US oil prices ended Monday’s session above $100 a barrel for the first time since the US and Israel launched a war against Iran as President Donald Trump threatens further escalation of attacks, including on critical energy infrastructure.
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Drone Strike Hits Laden Supertanker Off Dubai as Gulf Shipping Incidents Flare Again

A Kuwaiti supertanker carrying more than 2 million barrels of crude was struck by a drone in waters off Dubai late Monday, triggering a fire that was later brought under control without injuries or pollution, according to authorities and maritime security reports.
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Tanker Hit Off Qatar in Renewed Wave of Gulf Attacks After 9-Day Lull

A fuel oil tanker chartered by QatarEnergy has been struck by a missile in waters off Qatar, marking a sharp escalation in maritime attacks and pushing the threat envelope closer to one of the world’s most critical LNG export hubs.
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Asia LNG Imports Drop Most Since 2022 as Iran War Upends Supply

Asian liquefied natural gas imports fell the most in more than three years last month as the conflict in the Middle East choked supply and sent prices higher.
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  • Trump said the U.S. will “hit” Iran “extremely hard” over the next two or three weeks.
  • Trump added that the war won’t last long and that discussions with Tehran are ongoing.
  • Oil tanker traffic through the Strait of Hormuz is unlikely to resume anytime soon: analysts.
www.cnbc.com

Oil gains with Brent surging more than 6% as Trump's Iran war speech stokes fears of further escalation

Oil rose in volatile trading as Trump in his address to the nation on Iran war said that he expected the conflict to last another two to three weeks.
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  • With the Iran war now in its fifth week, Amazon is adding a 3.5% fuel and logistics surcharge for third-party sellers in the U.S. and Canada.
  • The surcharge takes effect April 17, according to a notice to sellers.
  • “Elevated costs in fuel and logistics have increased the cost of operating across the industry,” Amazon wrote in the notice.
www.cnbc.com

Amazon to add 3.5% fuel and logistics surcharge for sellers as Iran war drives up energy prices

With the Iran war now in its fifth week, Amazon said it's adding a 3.5% fuel and logistics surcharge for third-party sellers in the U.S. and Canada.
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  • Oil prices were mixed on Tuesday as U.S. President Donald Trump’s Iran deadline looms.
  • Trump threatened that Iran would be “taken out in one night” if Tehran does not fully reopen the Strait of Hormuz by Tuesday.
  • Shipping through the Strait of Hormuz has slowly resumed.
www.cnbc.com

Oil prices mixed as Trump reaffirms deadline for bombarding Iran's power plants, bridges

Oil prices were mixed after Trump repeated the Tuesday deadline for escalating attacks on Iran's power plants and bridges.
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gcaptain.com

Japan Relies on Offshore Oil Transfers as Middle East Risks Rise

Japan is relying on ship?to?ship oil transfers far from the Middle East to secure crude supplies while keeping its tankers out of a conflict zone that has become too risky for crews and vessels.
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Russia’s Yamal LNG Sends First Cargo to China Since November as EU Demand Dominated Q1

Russia’s Yamal LNG project has dispatched its first liquefied natural gas (LNG) cargo to China since November, ship-tracking data showed on Tuesday, marking a tentative resumption of flows to Asia after European buyers absorbed all volumes in the first quarter of 2026.
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‘Weeks, if not months’: Strait of Hormuz tanker traffic won’t normalize anytime soon​

  • Shipping and maritime experts say traffic through the Strait of Hormuz will not normalize anytime soon.
  • The fragile truce has done little to restore confidence for tankers to traverse through the strait.
  • Analysts told CNBC that the Houthis in Yemen disrupting the Red Sea last year provides a reference point to the speed of any potential traffic recovery.
More:

www.cnbc.com

‘Weeks, if not months’: Strait of Hormuz tanker traffic won't normalize anytime soon

Traffic through the Strait of Hormuz has yet to see a meaningful rebound and this could continue for weeks, warn shipping experts.
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Oil prices resume gains after Iran accuses U.S. of breaching ceasefire deal​

  • Oil prices rose on Thursday after Iran accused the United States of violating elements of a two-week ceasefire agreement.
  • Mohammad Bagher Ghalibaf, Iran’s parliamentary speaker, said three elements of Iran’s 10-point truce proposal had been violated, including Israel’s ongoing strikes in Lebanon.
More:

www.cnbc.com

Oil prices resume gains after Iran accuses U.S. of breaching ceasefire deal

Oil markets rose after Iran accused the United States of violating elements of a two-week ceasefire agreement.
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