The world market price of oil theme
Doesn't look like Ukraine has fallen for the temptation to go after Russia's shadow fleet yet.
The oil price is rising at the opening of trading. The oil price has surged since the joint attack by the USA and Israel on Iran, when a barrel cost around 70 dollars.
All parties have also attacked energy infrastructure in several parts of the region. There is great concern in the market that attacks of this kind could escalate further, and fears were heightened significantly when Donald Trump on Sunday night, Swedish time, gave Iran an ultimatum: Open the Strait of Hormuz, or extensive attacks on energy infrastructure will follow. See the article on SVT News.
IEA chief: Serious threat to the economy. The statement from Birol comes after the weekend's escalation in the war in the Middle East, where threats to energy infrastructure and ultimatums concerning the Strait of Hormuz have been central. See the segment on SVT News.
Reports: Russia halts exports from key oil ports. Russia is said to have temporarily stopped crude oil exports from both the ports of Primorsk and Ust-Luga on the Baltic Sea, according to two industry sources speaking to Reuters on Monday.
The governor of the Leningrad region said that last night's Ukrainian attack caused fires in several fuel tanks in Primorsk, but did not mention that oil exports had been stopped. See the feature on SVT News.