ICIS: War in the Middle East and consequences for energy markets
ICIS provides analysis and context on the evolving situation in the Middle East.
Browse the latest business news news and articles.
ICIS provides analysis and context on the evolving situation in the Middle East.
Crude oil prices have increased sharply since the United States and Israel started their coordinated strikes on Iranian military targets on 28 February 2026.
GCC exports, global energy markets in flux, reports GlobalData.
Rystad Energy’s market update from Jorge Leon, Senior Vice President and Head of Geopolitical Analysis.
15% of global oil demand and 20% of global LNG supply typically transits critical waterway.
In the early hours of 28 February, the US and Israel launched direct and extensive military operations inside Iran, in what appears to be a campaign broader in scope and intensity than the previous 12-day confrontation. Intercontinental Exchange (ICE) Brent crude oil prompt-month prices are expected to rise by US$20/bbl when trade opens on 2 March.
National Gas is joining Centrica, Equinor and SSE Thermal in a bid to develop Britian’s first ‘hydrogen heartland’ in the Humber.
The contract wins span onshore, offshore and diversified critical infrastructure projects globally, underlining the company’s continued expansion following a strong 2025.
Barents gas could hold the key for Europe's energy security and supply diversification.
Evolving its inspection business into a dedicated global provider of quality assurance and inspection services for energy, infrastructure and complex industrial supply chains.
Nearly all 2030 targets now unattainable despite historic coal phaseout; offshore wind deployment trails by 20% as government races to address grid bottlenecks and spiralling costs.
The Association for Materials Protection and Performance highlights measurable progress since 2021 and outlines what comes next.