
Uncertainty, Delivered
Brent crude climbed to about $104 a barrel on Thursday as fears over Middle East oil supplies intensified. Shares fell across Europe and Asia, underscoring the international economic fallout of the conflict.
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Editorial cartoons about energy, oil and the routes that supply them. Explore the news behind each cartoon, with publication dates, transcripts and sources.

Brent crude climbed to about $104 a barrel on Thursday as fears over Middle East oil supplies intensified. Shares fell across Europe and Asia, underscoring the international economic fallout of the conflict.

A fire broke out at an Aramco oil facility south of Riyadh on October 3 amid escalating Middle East hostilities. Independent reports confirmed the blaze, but its cause and any effect on oil supplies remained unclear.

G7 leaders agreed Friday to release 100 million barrels of oil and diesel reserves over four months to ease soaring fuel prices. They also pledged to avoid energy export restrictions between members.

Iranian President Masoud Pezeshkian told the UN that Tehran was willing to negotiate with the United States, but not under threats. His remarks kept diplomacy in view amid a war disrupting a major energy-shipping route.

The US and Iran held mediated talks at the UN in New York on September 22 about ending their war and reopening the Strait of Hormuz. Iran said its conditions remained in place, leaving a deal uncertain.

Russian officials reported damage to Moscow’s oil refinery in a Ukrainian drone attack on September 20. Reuters later reported three deaths in the region, despite Trump’s earlier claim of an agreement to stop energy strikes.

Saudi oil's alternative routes keep becoming the story: Hormuz is heavily disrupted, the East-West pipeline has been shut after drone attacks, and Houthis have advanced to Mayun in Bab el-Mandeb.

Brent crude rose above $100 a barrel on September 9 as the US–Iran war escalated. AP reported renewed tanker attacks and disrupted shipping through the Strait of Hormuz, a major route for world oil supplies.

The US military said on September 5 that it struck three Iranian oil tankers after missile attacks on Navy warships. AP reported the exchange as a further escalation in the US–Iran conflict.