Rising U.S.–Iran tensions, and new U.S. maritime guidance are pushing oil higher as traders reassess geopolitical risk. Are Oil Majors Running Out of Reserves? - Shell’s disappointing 2025 results continue to create ripples across oil markets as the London-based energy major now only wields proven reserves of 8.1 billion barrels of oil equivalent, less than 8 years of its current production. - Shell is now facing a 200,000 boe/d production gap by 2030, despite its corporate policy pledging to grow to ...

Oil markets remain hostage to Trump-driven uncertainty, as mixed signals on India’s stance toward Russian crude collide with renewed speculation around U.S.–Iran nuclear talks. Could Oil Be Back in Vogue? - 2026 was dubbed the year of oversupply, however January prices were in line with last year’s levels (ICE Brent averaged $64.7 per barrel and closed the month at $70.7 per barrel), defying gloomy demand predictions. - Trump’s erratic comments on Iran, first promising to act ‘with speed and violence’ ...