Iran and US conflict
Military operations in the Strait of Hormuz have disrupted approximately 20% of global oil transit. Tanker insurance premiums have surged 400%, with many shippers avoiding the Persian Gulf entirely.
Updated Mar 23, 2026Pump prices in US dollars, from official publishers every 6 hours. Faded countries have no official feed yet, so they show an estimate.
Military operations in the Strait of Hormuz have disrupted approximately 20% of global oil transit. Tanker insurance premiums have surged 400%, with many shippers avoiding the Persian Gulf entirely.
Updated Mar 23, 2026Emergency OPEC+ meeting scheduled for March 25. Saudi Arabia and UAE signaled willingness to increase production, but logistical bottlenecks limit short-term relief. Current spare capacity estimated at 3.5 mb/d.
Updated Mar 22, 2026Rerouting via Cape of Good Hope adds 10-15 days to Asia-bound shipments. Singapore refining margins at 5-year highs. Regional fuel reserves: Cambodia 20 days, Vietnam 22 days, Thailand 60 days.
Updated Mar 23, 2026Brent surged from $71/bbl (Feb 27) to $94/bbl (Mar 9). Analysts project $100-120/bbl if conflict extends beyond Q1. IEA coordinated strategic reserve release of 60 million barrels on Mar 15.
Updated Mar 23, 2026Prices are fetched every 6 hours straight from the publishers below; each number on the site links back to its source and date.
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Countries without an official API (Philippines DOE weekly monitor, Vietnam Ministry of Industry and Trade, Pertamina, Laos Ministry of Industry and Commerce, Cambodia, Myanmar, Singapore, Brunei, Timor-Leste) publish as web pages or PDFs. Until one of those is wired in, their prices and every shortage rating stay at the Mar 23 estimate.