Oil rebounded over 3% as fresh attacks on UAE infrastructure shatter hopes for rapid maritime normalisation

18 Mar 2026 Global oil prices sharply reversed their recent pullback on Tuesday, driven by a violent resurgence of strikes on United Arab Emirates export facilities that swiftly extinguished market optimism over a partial reopening of the Strait of Hormuz.

18 Mar 2026

Freightos Baltic: Hormuz disruptions ripple across Gulf shipping, container reroutes pressuring alternative ports

Some of the alternative ports have faced direct security threats, while congestion is mounting at Indian gateways and in Sri Lanka, where Port of Colombo is reportedly limiting Gulf-bound volumes.

18 Mar 2026

Commodity Exchange: 18 March 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 18 March 2026 session with the following settlements.

17 Mar 2026 Brent NYMEX

Oil slid over 3% as partial Hormuz transit and fresh IEA release signals blunt geopolitical premium

As select vessels navigated the restricted Strait of Hormuz and authorities teased further emergency market interventions.

17 Mar 2026

Commodity Exchange: 17 March 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 17 March 2026 session with the following settlements.

16 Mar 2026 Brent NYMEX

Oil extended rally past $100 as mined Hormuz chokepoint eclipses US sanction waivers

International Energy Agency’s record 400-million-barrel strategic release offered only brief relief, undone after Iran vowed to maintain the blockade as leverage.

16 Mar 2026

Commodity Exchange: 16 March 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 16 March 2026 session with the following settlements.

13 Mar 2026

Oil breached $100 in historic 9% surge as Iran hardens Hormuz blockade

Oil prices erupted on Thursday, definitively breaching the $100 threshold as Iranian leadership explicitly vowed to maintain its blockade of the Strait of Hormuz amid escalating maritime strikes.

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