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Iran conflict threatens global oil supply, crude prices on edge
28 Feb 2026 19:04 GMT
… already grappling with fragile demand and output dynamics.
To … the Organization of the Petroleum Exporting Countries, it continues … Iran’s oil fields, export terminals, or refineries are directly … .
Roughly 20 million barrels of oil pass through this narrow …
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Energy Company Warns CARB on ‘The Stark Reality’ Driving In-State Refining Capacity to Zero of CA’s Remaining 7 Refineries
28 Feb 2026 18:12 GMT
… Construction Trades • California crude oil: We purchase and refine the highest percentage of … liquid fuels. Given this continuing demand, curtailing in-state production will jeopardize fuel … adequately stabilize the state’s petroleum infrastructure.” It’s as …
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US-Israel Military Strikes on Iran Threaten Oil Supply, Markets Brace For Volatility
28 Feb 2026 18:33 GMT
… major oil companies and leading trading houses paused crude and fuel movements … settled near $73 a barrel and was already up about … Haven Assets Set For Renewed Demand
In Singapore, OCBC strategist … in silver, and potential demand for U.S. Treasuries as …
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How could the U.S. strikes in Iran affect the world's oil supply?
28 Feb 2026 15:34 GMT
… they open on Sunday. But crude prices have been creeping up … export around 1.9 million barrels per day despite U.S … route. About 20 million barrels of oil and oil products pass through every … ;s about 20% of global oil demand. If Iran closes the Strait …
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US-Israel attack Iran: Are oil, gold and the dollar set for sharp moves?
28 Feb 2026 15:48 GMT
… concerns among investors and oil producers across the region. … markets.Brent crude was trading near $73 per barrel on … bank said.Safe-haven demand builds
Investors are increasingly … see stronger demand amid rising geopolitical tensions.With oil flows, …
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US, Israel–Iran War: Oil Windfall or Economic Shock for Nigeria
28 Feb 2026 15:08 GMT
… global demand for non-Middle Eastern crude may enhance … by OPEC due to operational disruptions and oil theft … oil producer, has historically depended on imported refined petroleum products. Rising global crude … Such pressures could fuel inflation and weaken …
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US-Israel War on Iran Rattles Global Markets; Ghana Faces Oil, Cedi, and Inflation Risks
28 Feb 2026 15:44 GMT
… at $67.02 per barrel, with analysts forecasting Brent … refined petroleum, any sustained rise in crude oil prices translates directly into higher fuel … the US dollar, reducing demand for the cedi and … if oil prices remain elevated over several weeks.
OPEC+ is …
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OPEC+ may consider larger oil output boost, sources say, as Saudi, UAE up exports
28 Feb 2026 18:49 GMT
… members of OPEC+, which groups the Organization of the Petroleum Exporting Countries … increase of 137,000 barrels per day in oil output for April … summer demand, led by the U.S. driving season, and as crude …
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Nigeria’s crude eyes $80 as US/ Iran standoff rattles global supply
28 Feb 2026 16:13 GMT
Nigeria’s crude oil revenues are poised for a … refiners are quietly pricing in as they diversify away from Gulf barrels … bpd in January, according to OPEC’s secondary source data, just … that gains leverage as global demand for non-Gulf barrels rises.
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CSOs Demand GPP-II Approval as Middle East Conflict Threatens Gas Supply
28 Feb 2026 15:53 GMT
… substantial share of global liquefied petroleum gas (LPG) and natural … roughly 20 percent of global oil and gas trade flows, … from Europe to meet domestic demand, and GPP-II completion … foreign exchange shortages and emergency fuel import costs. With Cabinet …