Middle east petroleum news. 3 days ago · About 20 million barrels of crude oil and petroleum products transit the Strait of Hormuz each day, equivalent to roughly 20% of global oil consumption. The decision to take emergency collective action was made following an extraordinary meeting of IEA Member governments yesterday, convened by 4 days ago · Occidental Petroleum falls 3. 3 days ago · The widespread cancellations of flights in the Middle East caused by closed airspaces and disruptions to liquefied petroleum gas supplies are expected to curb global oil demand by one million 1 day ago · Find latest energy news from every corner of the globe at Reuters. 3 days ago · As the Iran war escalates, President Donald Trump has announced the release of oil from the US Strategic Petroleum Reserve and a coordinated global release of 400 million barrels to cool prices 6 days ago · KARACHI: Pakistan has “comfortable levels” of petroleum stocks and the supply chains are functioning smoothly, the finance ministry said on Monday, amid an ongoing Middle East conflict that 4 days ago · Cargo ship hit by projectile in Strait of Hormuz while Iran launches fresh attacks on Middle East A cargo ship was struck on Wednesday by a projectile in the Strait of Hormuz, setting it on fire. UTC OXY 3 days ago · As the Iran war escalates, President Donald Trump has announced the release of oil from the US Strategic Petroleum Reserve and a coordinated global release of 400 million barrels to cool prices 4 days ago · Cargo ship hit by projectile in Strait of Hormuz while Iran launches fresh attacks on Middle East A cargo ship was struck on Wednesday by a projectile in the Strait of Hormuz, setting it on fire. com. 2 days ago · News of the record release of government oil reserves was swiftly eclipsed, however, as fresh violence across the Middle East – and signs that Tehran was deliberately targeting sites 3 days ago · The Middle East tensions have mainly triggered panic buying rather than an actual physical shortage of petroleum products in the Valley. 8% after hours following a 173% intraday surge driven by Middle East oil supply concerns. 1% as oil prices reverse lower amid Middle East-driven volatility By: Quiver PriceTracker Posted: 4 days, 14 hours ago / March 10, 2026 3:50 p. Find the major industry news while focusing on market reviews, product & technical information, directories, events and objective profiles. leyb ckmnfw aezr crxguob chw nfjmzsc btlxyuy eaw ckwea tdgs