Oil flows are up as Iran war turmoil eases. Why do prices keep rising?
Brent crude prices are up more than 60 percent compared with pre-war levels, despite rebound in supply.
Global Energy Crisis
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EXPLAINER
Why are French protesters chanting ‘Bismillah, c’est les ténèbres’?
The slogan has come to represent a whole array of grievances that lie at the heart of the protest movement.
Macron lines up more Gulf diesel as France battles soaring fuel prices
The UAE and Bahrain deals increase French commitments to 295,000 tonnes a month, just over 10 percent of consumption.
EXPLAINER
Why Rubio is visiting Reliance’s oil refinery in India, the world’s largest
Reliance is central to Washington’s efforts to punish Russian energy buyers and contain oil prices amid the war on Iran.
France PM promises more curfews as authorities seek to regain control
Prime Minister Sebastien Lecornu says local authorities will coordinate with mayors to decide whether to impose curfews.
Qatar warns global energy shockwaves from Iran war have yet to peak
Deputy PM calls for dialogue with Tehran, highlights US defence ties and rejects Strait of Hormuz transit fees.
![[Screen grab/Global Security Forum]](/wp-content/uploads/2026/10/Screenshot-2026-10-19-at-11.39.31-AM-copy-1792399284.jpg?resize=770%2C513&quality=80)
EXPLAINER
Why Marco Rubio’s planned Mumbai visit has ruffled feathers in India
US secretary of state is skipping New Delhi, and opposition leaders complain his arrangements are humiliating.
From: NewsFeed
St Petersburg under attack from Ukrainian drone swarm
Video posted on social media shows multiple explosions in St Petersburg, Russia after a suspected Ukrainian drone swarm.
Published On 18 Oct 2026
Iran says two tankers catch fire after hitting mines in Strait of Hormuz
The vessels, each carrying about two million barrels of crude oil, used an unauthorised route, the IRGC says.
EXPLAINER
Trump eases Russia oil sanctions, but is Europe still buying Moscow’s gas?
Analysts say Russia will benefit most from US sanctions waiver.
![Photo provided by the French Army shows a French army NH90 helicopter over the oil tanker Tagor, which is under international sanctions and was travelling from Russia in the Atlantic Sea, on Sunday, May 31, 2026 [File: French Army via AP]](/wp-content/uploads/2026/10/AP26152358239961-1792235916.jpg?resize=770%2C513&quality=80)
IMF urges support for poorer nations facing high inflation, war spillovers
Low-income countries spend up to 14 percent of their revenue on debt repayments, IMF chief says.
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