Four of the six largest swings ever seen in international oil benchmark Brent futures have come since the war started at the end of February.
March 26, 2026crude oil News Updates
Stay current with crude oil transportation news covering the market, policy and infrastructure developments that shape how petroleum moves through global supply chains. Transport Topics reports on production shifts, pipelines, rail shipments, tankers and geopolitical events, with analysis of how crude oil supply and transportation trends influence diesel costs, freight demand and trucking operations.
Oil Prices Rise as Wall Street Swings to Doubt on Iran Talks
Doubt is taking over again on Wall Street from hope about a possible end to the war with Iran, and stocks are back to sinking as oil prices rise.
March 26, 2026Iran War Is Pushing Consumers to Break Up With Fossil Fuels
Consumers are responding to one of the largest disruptions in global oil markets by embracing low-carbon technologies that promise to lower gas and power bills.
March 26, 2026Trump Administration Denies It's Reviewing $200 Oil
Trump administration officials are examining what a potential spike in oil prices as high as $200 a barrel would mean for the economy, according to sources.
March 26, 2026Canada, Alberta Reach Methane Deal as Pipeline Talks Advance
The Alberta and Canadian governments reached a deal to reduce methane emissions, setting the stage for a new pipeline to the Pacific coast.
March 25, 2026Venezuela Pitches Newly Opened Oil Sector to Investors
Delcy Rodríguez presented a reformed industry — one that has opened up to private capital, international arbitration and scrutiny in less than three months.
March 25, 2026Iran Allows Strait of Hormuz Transit Under Strict Conditions
Iran said foreign ships are allowed to cross the Strait of Hormuz as long as they aren’t supporting acts of aggression against the country and follow certain rules.
March 24, 2026Enbridge Ties New Oil Pipeline to Canada Regulatory Changes
Enbridge hasn’t ruled out helping build a new oil pipeline from Alberta to the British Columbia coast under the right regulatory conditions, the company's CEO said.
March 24, 2026Canada Pitches More Natural Gas to Support US LNG Exports
The Canadian energy leader pitched increasing natural gas flows to the U.S. to boost LNG exports from the Gulf Coast and meet rising power demand from data centers.
March 24, 2026Fire at Valero Texas Refinery Further Pressures Oil Market
An oil refinery fire near the Texas coast was put out March 24, hours after a large explosion at the complex shot plumes of smoke into the air.
March 24, 2026