Oil is up more than 4% this morning, and it had two reasons to jump. Reports say Washington is getting ready for a possible return to “major combat operations” against Iran. At the same
Iraq devalued its currency on Wednesday, setting the dinar at 1,520 per U.S. dollar, roughly 14.5% below the old official rate, according to Reuters. Oil pays most of Iraq's
Brent crude is back above $100 this morning. A tropical storm aimed at the Gulf Coast and more Iranian attacks on tankers near Hormuz gave traders two reasons to bid oil up, a day
The U.S. Strategic Petroleum Reserve held 283 million barrels as of Friday. This is the lowest level since October 1982, according to Energy Department data. The SPR is the government's emergency
Iran and the Houthis are still firing at the Gulf's oil system. Crude fell anyway, with Brent, the global benchmark, down 2.7% to about $97.66 for its third straight losing session.
October 6, 2026
Oil prices fell Tuesday because more Middle Eastern crude is reaching buyers, easing concerns about supply. Saudi Arabia’s export recovery and a planned emergency reserve release are giving traders less
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Global Oil Stability & Volume
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Report snapshot · September 9, 2026. Colors summarize the cited report and editorial watch points, not live vessel conditions.
PRODUCTION & TRADE ROUTES
Green · Stable supply Yellow · Caution Orange · Elevated risk Red · Disrupted Gray · Unrated
Color = editorial supply-stability assessment. Larger circles = more reported production; tap for exact volume and period. Diamonds = shipping corridors or lost output, excluded from production sizing. Colors and volumes are dated report snapshots unless a fresh assessment is shown.
mb/d = million barrels per day. Regional sums use the countries named in each card. Estimates, forecasts, lost output and shipping volumes are labeled separately. Base map: Wikimedia Commons.
Iran and the Houthis are still firing at the Gulf's oil system. Crude fell anyway, with Brent, the global benchmark, down 2.7% to about $97.66 for its third straight losing session.
October 6, 2026
Oil prices fell Tuesday because more Middle Eastern crude is reaching buyers, easing concerns about supply. Saudi Arabia’s export recovery