Topic
global-oil-prices
3 stories related to this topic, newest first.
OilPrice.comfinance47 days ago
Colombia's Oil Production at Multi-Year Lows Amid High Global Prices
Colombia's oil production has declined to multi-year lows due to regulatory changes and reduced investment. A recent spike in Brent crude prices above $100 per barrel, following U.S. airstrikes on Iran, may encourage renewed activity in the sector. Structural issues, including dw…
interestingengineering.comworld48 days ago
US Navy Directed to Target Iranian Mine-Laying Vessels in Strait of Hormuz
President Donald Trump directed the US Navy to target and sink Iranian vessels caught laying mines in the Strait of Hormuz amid ongoing tensions. The order follows Iran's reported attacks on vessels and US interceptions of oil tankers. The strait remains closed, impacting global…
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insurancejournal.comfinance48 days ago
U.S.-Iran Conflict Disrupts Strait of Hormuz Shipping; Oil at $120/Barrel
The Strait of Hormuz remains effectively closed to commercial traffic since February 2026 due to the U.S.-Iran conflict, supercharging global energy prices. Gulf producers are accelerating investments in alternative export routes to bypass the chokepoint. Experts highlight long-u…
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