US and Israeli strikes on Iran have led to disruption in fuel shipments in the region - STRINGER/EPA/Shutterstock Oil prices have surged as Donald Trump’s war with Iran disrupts supply from the Middle East. Brent crude jumped 13pc to around $82 a barrel when oil markets opened on Sunday night, as airstrikes on Iran continued for a second day. The jump took prices to a seven month high. Investors are concerned about disruption from one of the world’s most crucial oil producing regions. Missile and drone ...

Welcome back. The US and Iran expected to hold a third round of talks Thursday with the goal of reaching a nuclear deal. President Trump reportedly telling advisers that if diplomacy or any initial targeted attack doesn't lead to a deal, he will consider a much bigger attack in the coming months.Joining us now is former energy secretary Ernest Monise, who is now co-chair of the nuclear threat initiative. And we were just talking, Secretary Monise, about whether whether the impact on the global energy market ...

Core Viewpoint - Oil prices experienced a decline during early Asian trading hours, influenced by geopolitical tensions surrounding Iran and potential military actions by the U.S. [1] Group 1: Oil Market Impact - The drop in oil prices is linked to President Trump's consideration of a limited military strike on Iran, which could affect supply dynamics in the oil market [1] - The situation indicates heightened volatility in oil prices due to geopolitical uncertainties, particularly regarding Iran's nuclear deal negotiations [1]

Core Viewpoint - Hong Kong oil stocks have shown strong performance against the market trend, driven by rising international oil prices and escalating tensions between the US and Iran in the Middle East [1] Group 1: Stock Performance - China Petroleum & Chemical Corporation (00857) increased by 4.47%, reaching a latest price of 9.590 with a total market capitalization of 1.76 trillion, marking a year-to-date increase of 14.44% [2] - CNOOC Services (02883) rose by 3.81%, with a latest price of 10.070 and a market cap of 48.05 billion, reflecting a year-to-date increase of 44.06% [2] - Yanchang Petroleum International (00346) saw a 3.75% increase, with a latest price of 0.415 and a market cap of 0.457 billion, showing a year-to-date increase of 13.70% [2] - China National Offshore Oil Corporation (00883) increased by 3.26%, with a latest price of 25.960 and a market cap of 1.23 trillion, resulting in a year-to-date increase of 21.88% [2] - China Petroleum & Chemical Corporation (00386) had a modest increase of 0.74%, with a latest price of 5.480 and a market cap of 662.67 billion, reflecting a year-to-date increase of 17.34% [2]

Group 1 - The core viewpoint of the articles highlights the rising oil prices due to regional risks and geopolitical uncertainties, with WTI and Brent crude oil futures increasing by 1% to $63.92 and $68.239 per barrel respectively [1] - Guosen Securities anticipates that the Brent crude oil price will stabilize between $55 and $65 per barrel, while WTI crude oil is expected to range from $52 to $62 per barrel by 2026, considering the high fiscal balance oil price costs of OPEC+ and the elevated new well costs of U.S. shale oil [1] - As of February 6, 2026, the Guozheng Oil and Gas Index (399439) rose by 0.97%, with significant increases in component stocks such as Intercontinental Oil and Gas (up 8.60%) and Potential Energy (up 7.90%) [1] Group 2 - As of January 30, 2026, the top ten weighted stocks in the Guozheng Oil and Gas Index (399439) include major companies like China National Petroleum, China National Offshore Oil, and Sinopec, collectively accounting for 66.76% of the index [2] - The Oil ETF Penghua (159697) closely tracks the Guozheng Oil and Gas Index, reflecting the price changes of listed companies in the oil and gas industry on the Shanghai and Shenzhen stock exchanges [1][3]

Core Viewpoint - Oil stocks experienced a significant rally, driven by rising tensions between the U.S. and Iran, which have led to a surge in Brent crude oil prices above $70 per barrel [1] Group 1: Oil Stocks Performance - Occidental Petroleum (OXY.US) rose over 4% - ConocoPhillips (COP.US) increased by more than 3% - ExxonMobil (XOM.US) and Chevron (CVX.US) both saw gains exceeding 2% [1] Group 2: Market Dynamics - Brent crude oil futures surged more than 4% in a single day, breaking the $70 mark - The market is concerned that escalating tensions between the U.S. and Iran are a primary driver of rising oil prices [1] Group 3: Geopolitical Factors - President Trump is intensifying pressure on Iran to halt its nuclear program, threatening military action and deploying naval forces to the region - Reports indicate that Trump is considering options for precise strikes against Iranian security forces and leaders to incite protests and potentially overthrow the current regime [1] Group 4: Potential Risks - Analysts warn that if Iran retaliates, such as by closing the Strait of Hormuz, it could have catastrophic effects on the transportation of over 20 million barrels of oil per day [1]

Core Viewpoint - The U.S. is intensifying its blockade of Venezuelan crude exports, which is expected to have significant implications for the global oil market and Venezuela's economy [1] Group 1: U.S. Actions - The U.S. government is implementing stricter measures to restrict Venezuelan oil exports, aiming to further isolate the country economically [1] - These actions are part of a broader strategy to pressure the Venezuelan government and impact its revenue from oil sales [1] Group 2: Impact on Venezuela - The blockade is likely to exacerbate Venezuela's already struggling economy, which heavily relies on oil exports for revenue [1] - Analysts predict that the intensified blockade could lead to a further decline in Venezuela's oil production and exports, which have already been significantly reduced in recent years [1] Group 3: Global Oil Market Implications - The U.S. blockade may lead to increased volatility in the global oil market as supply from Venezuela diminishes [1] - Other oil-producing countries may need to adjust their production levels to compensate for the loss of Venezuelan crude in the market [1]

Core Viewpoint - U.S. crude oil prices increased over 1% following President Trump's announcement to block all sanctioned oil tankers from Venezuela, indicating a potential shift in market dynamics and supply concerns [1]. Group 1: Price Movements - U.S. crude oil rose by $1.03, or 1.86%, reaching $56.30 per barrel [1]. - Global benchmark Brent crude increased by $1.04, or 1.77%, trading at $59.96 [1]. - The U.S. benchmark had previously fallen to its lowest levels since early 2021, driven by expectations of a peace agreement in Ukraine that could allow Russian crude back into the market [2]. Group 2: Market Context - The rise in crude oil prices comes after a period of near four-year lows, suggesting a volatile market influenced by geopolitical events [1][2]. - The potential return of Russian crude to a well-supplied market could further impact pricing and supply dynamics in the near future [2].

Core Viewpoint - Oil prices experienced a slight increase due to Ukrainian attacks on Russia's oil infrastructure, indicating potential supply constraints, while stalled peace talks reduced expectations for a restoration of Russian oil flows to global markets, although weak fundamentals limited the gains [1] Group 1 - Ukrainian attacks on Russian oil infrastructure have raised concerns about potential supply constraints in the oil market [1] - Stalled peace negotiations have tempered expectations for a deal that would restore Russian oil flows to global markets [1] - Despite the slight increase in oil prices, weak market fundamentals have kept the gains limited [1]

Core Viewpoint - Oil prices declined in early Asian trade, reversing last week's gains due to the resumption of loadings at the Russian export hub of Novorossiysk after a two-day suspension caused by a Ukrainian attack [1] Group 1 - Oil prices fell as loadings resumed at Novorossiysk, a key Russian export hub [1] - The decline in oil prices occurred after a two-day suspension of operations at the Black Sea port [1] - The market reaction indicates sensitivity to geopolitical events affecting oil supply [1]