Opec

US-Iran flare-up, cold stint push oil prices to multi-month peak

JPMorgan analysts estimated that winter storm Fern cut US oil production by roughly 250,000 barrels per day, disrupting flows from the Bakken and from fields in Oklahoma and Texas.

|BySHIR PERETS
Blue barrels of oil.
A person holds up an image depicting Venezuelan opposition leader Maria Corina Machado, as people celebrate after the US struck Venezuela and captured its President Nicolas Maduro and his wife Cilia Flores, in Santiago, Chile, January 3, 2026.

'I look forward to saying hello to her': Trump says on upcoming meeting with Venezuela’s Machado

Trump says Venezuelan opposition leader and Nobel Peace Prize laureate María Corina Machado is expected in Washington next week after US strikes captured Nicolás Maduro.

|ByREUTERS
Ender Moreno looks for gold at La Culebra gold mine in El Callao, Bolivar state, southeastern Venezuela on March 1, 2017.

Venezuela’s energy, mining sectors in focus after Maduro capture - explainer

Despite holding the world’s largest oil reserves, Venezuela’s oil and mining output remains far below capacity after years of mismanagement, underinvestment and sanctions under Maduro.

|ByREUTERS
View of the Israeli Leviathan gas field gas processing rig near the Israeli city of Caesarea, on January 31, 2019.

Oil prices dip dramatically after Israel's attack on Iran

The strikes did not impact energy infrastructure, leading to a decrease in geopolitical tensions affecting the oil market.

|ByTHE MEDIA LINE STAFF

Suicide attacks on restaurants, checkpoint, kill 60 in southern Iraq

Islamic State is under siege in the Syrian city of Raqqa, its operational base for attacks in the Middle East and the West.

SEPTEMBER 14, 2017ByREUTERS
ONE OF MANY churches destroyed by ISIS in the Christian town of Qaraqosh, Iraq.