Oil prices resume rally as traders shrug off prospect of historic reserve release
Traders remain optimistic despite potential reserve releases.
Editorial Staff Mar 12
Energy
Energy markets, oil and gas, renewables, grids, and utilities.
Briefing: Supertankers rush to Red Sea port as Iran war chokes Gulf oil exports
Strategic angle: Saudi pipeline allows ships to avoid perilous Strait of Hormuz but they must now brave notorious hotspot for Houthi attacks
Editorial Staff Mar 12
Briefing: Why historic oil reserves release may do little to bring down rising prices
Strategic angle: An analysis of the impact of releasing historic oil reserves on current market prices.
Editorial Staff Mar 12
Briefing: Plans for record emergency oil release signal Middle East war could drag on for months
Strategic angle: The degree to which the IEA acted is being interpreted that the conflict could continue for many weeks, said analysts.
Editorial Staff Mar 12
Briefing: Iran’s sea mines raise fears of Strait of Hormuz oil disruption
Strategic angle: Tehran may seek to choke off oil traffic through the vital Strait of Hormuz following US and Israeli strikes on Iran, raising fears it could deploy sea mines.
Editorial Staff Mar 12
Briefing: Shares skid, oil surges again as Iran attacks Gulf shipping
Strategic angle: Market reacts to geopolitical tensions as oil prices rise.
Editorial Staff Mar 12
Briefing: US to release 172 million barrels of oil from strategic reserve to combat energy price hike
Strategic angle: The Biden administration aims to alleviate rising energy prices by tapping into the strategic petroleum reserve.
Editorial Staff Mar 12
Briefing: Iran threatens $200 oil barrels as US prepares massive release of emergency petroleum reserves
Strategic angle: Iran's warning comes as the US plans a significant release of its strategic petroleum reserves.
Editorial Staff Mar 12
Briefing: Venezuela's Rodriguez promotes deputy to head oil ministry
Strategic angle: In a significant move, Venezuela's oil minister Rodriguez has elevated his deputy to lead the oil ministry.
Editorial Staff Mar 12
Briefing: Oil Price Whiplash Highlights America’s Enduring Preparedness Gap
Strategic angle: A critical analysis of the implications of fluctuating oil prices on national preparedness.
Editorial Staff Mar 11
Briefing: Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs
Strategic angle: The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.
Editorial Staff Mar 11
Briefing: Global Oil Shock Triggers The Largest Ever Strategic Reserve Release As Gas Prices Surge
Strategic angle: 400 million barrels of oil will be released, but don't expect immediate relief at the pump.
Editorial Staff Mar 11
Briefing: Trump will decide whether U.S. participates in IEA release of oil reserves, Interior Secretary says
Strategic angle: The IEA is a group of 32 advanced economies primarily in Europe, North America, and northeast Asia. The U.S. is a member of the organization.
Editorial Staff Mar 11
Briefing: Can the IEA put a lid on the price per barrel by releasing oil stockpiles?
Strategic angle: Exploring the potential impact of IEA's oil stockpile release on global oil prices.
Editorial Staff Mar 11
Countries agree to record release of emergency oil reserves as prices surge
The G7 group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began.
Editorial Staff Mar 11
Briefing: Hungary sends fact-finding mission over Druzhba pipeline as Kyiv refuses to recognise delegation
Strategic angle: A Hungarian government delegation has entered Ukraine to assess the Druzhba pipeline, damaged in a Russian drone strike in January.
Editorial Staff Mar 11
Briefing: IEA Agrees to Release 400 Million Barrels of Oil Amid Iran War Disruption
Strategic angle: The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
Editorial Staff Mar 11
Briefing: Current price of oil as of March 11, 2026
Strategic angle: Latest updates on oil prices from Fortune.
Editorial Staff Mar 11
Briefing: Germany, others partially release oil reserves amid Iran war
Strategic angle: Germany, Austria, Japan, Spain, and France announce plans to release oil reserves as the Iran war escalates and prices surge.
Editorial Staff Mar 11
Briefing: Spain’s renewables revolution likely to keep energy bills low even as gas prices soar
Strategic angle: Spain spent the last six years investing heavily in wind and solar energy, leading to some of the cheapest power prices in Europe.
Editorial Staff Mar 11