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How the US-Iran war took oil prices on a wild ride

The Iran war did more than send oil prices higher. It repeatedly forced markets to reassess the risks with every dispute, agreement or period of deadlock in a conflict shaped by US and Israeli…

Al Majalla - London 11 August 2026

AlMajalla

Trump has his Iran deal. How soon until oil prices come down?

It's complicated, but not this month, most likely.

Keith Johnson 17 June 2026

US-Iran war effects on Egypt likely to linger

In a bid to contain rising energy prices and mounting pressure on the pound, Cairo is implementing swift austerity measures

Marcelle Nasr 21 April 2026

A worker inspects pipes at the Amal oil field in eastern Libya, October 7, 2011.

Reuters

The Israel-Iran war dealt another economic blow to North Africa

Fighting between Iran and Israel impacted North Africa, where surging prices may disrupt budgets and plans. But for North Africa's energy exporters, higher oil prices are a reason to cheer.

Kawthar Zantour 27 June 2025

Ultra-Orthodox Jewish men inspect the damage at the site of an Iranian missile strike in Bnei Brak, east of Tel Aviv, on June 16, 2025.

OHN WESSELS / AFP

How the Israel-Iran flare-up is impacting the global economy

From spiking crude to dwindling confidence, the sudden and unprecedented escalation between these two regional powers has sent markets into a tailspin

Abdel-Rahman Ayas 16 June 2025

A pump jack of Wintershall DEA is pictured in Emlichheim near the northern German city of Meppen, Germany, March 9, 2022. REUTERS/Fabian Bimmer

Oil Rises On China Demand Hopes, U.S. Inflation in Focus

Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates. Top…

12 January 2023

Oil barrels are pictured at the site of Canadian group Vermilion Energy in Parentis-en-Born, France, October 13, 2017. REUTERS/Regis Duvignau/Files

Oil Jumps On Hopes For Easing of China's COVID Controls

Oil prices jumped by 3% on Tuesday on hopes for a relaxation of China's strict COVID-19 controls after rare protests in Chinese cities over the weekend. Brent crude futures gained $2.50, or 3%, to…

29 November 2022

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File Photo

World Stocks On Back Foot As China COVID Cases Rise

World stocks and oil prices fell on Monday as fresh COVID-19 curbs in China fueled worries over the global economic outlook. The safe-haven dollar rallied, while the U.S. Treasury yield curve…

21 November 2022

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base

Oil Prices Climb On Concerns Over Tight Supplies

Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand in China, the world's biggest crude importer. Brent crude gained 78…

13 September 2022

An oil pump of IPC Petroleum France is seen at sunset outside Soudron, near Reims, France, August 24, 2022. REUTERS/Pascal Rossignol/File Photo

Oil Prices Rise As Supply Uncertainty Mounts

Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet still robust demand. Brent crude…

12 September 2022

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LATEST ISSUE

Oil prices

How the US-Iran war took oil prices on a wild ride

Trump has his Iran deal. How soon until oil prices come down?

US-Iran war effects on Egypt likely to linger

The Israel-Iran war dealt another economic blow to North Africa

How the Israel-Iran flare-up is impacting the global economy

Oil Rises On China Demand Hopes, U.S. Inflation in Focus

Oil Jumps On Hopes For Easing of China's COVID Controls

World Stocks On Back Foot As China COVID Cases Rise

Oil Prices Climb On Concerns Over Tight Supplies

Oil Prices Rise As Supply Uncertainty Mounts

Operation Dawn of Yemen: a domestic fight with regional implications

Ms. Rachel, Gaza, and the power of education

Eight tests for the Trump-Xi 2026 détente

Why Europe’s gold is on the move

The 9 Arab films vying for an Oscar

OPINIONS

Operation Dawn of Yemen: a nation's future at stake

Al Majalla’s Film Watch

Ms. Rachel, Gaza, and the power of education

Operation Dawn of Yemen: a domestic fight with regional implications

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