Canada holds interest rate
The Bank of Canada left its benchmark interest rate unchanged at 2.25 percent on September 2, 2026, while indicating that additional interest-rate increases could become necessary if infl...
The Bank of Canada left its benchmark interest rate unchanged at 2.25 percent on September 2, 2026, while indicating that additional interest-rate increases could become necessary if infl...
The United States and Iran exchanged their largest series of direct attacks since July on September 2, 2026, renewing concerns that the conflict between the two countries could expand acr...
Oil prices rose by more than four dollars per barrel on September 1, 2026, after renewed military exchanges between the United States and Iran increased concerns about energy supplies fro...
The United States launched a new series of military strikes against Iran on September 1, 2026, marking a major escalation after several weeks of reduced direct fighting. U.S. Central Comm...
The United States and Iran exchanged warnings on August 22, 2026, ahead of a planned announcement of additional U.S. economic sanctions against Iran and countries or companies involved in...
Saudi Aramco sold at least four million barrels of crude oil to Chinese refiners for loading from locations that do not require vessels to pass through the Strait of Hormuz, according to ...
Ukraine carried out a drone attack on Nizhnekamsk in Russia's Tatarstan region on August 10, 2026. Ukrainian military authorities said the operation targeted the TANECO oil refinery, whil...
Global oil prices rose sharply on August 10, 2026, as uncertainty continued over negotiations concerning the reopening of the Strait of Hormuz. Iran maintained that the United States must...
Yemen's Houthi movement said on August 9, 2026, that it attacked an Aramco oil refinery in Jazan, Saudi Arabia, using a drone. Saudi authorities reported that a fire occurred at the facil...
Iran said on August 9, 2026, that an agreement with Oman concerning shipping routes through the Strait of Hormuz was approaching completion. Iranian Foreign Minister Abbas Araqchi said th...
The Reserve Bank of India was believed to have intervened in the foreign exchange market on August 7, 2026, as the Indian rupee faced renewed pressure from rising global oil prices. Curre...
The United States Senate passed legislation on August 7, 2026, expanding economic sanctions against Russia and maintaining sanctions involving Iran. The measure passed by a vote of 86 to ...
Iran warned Gulf states on August 5, 2026, that any new United States attack on Iranian territory could lead to retaliatory strikes against energy facilities and other critical infrastruc...
The International Monetary Fund said on June 22, 2026, that it was expanding financial support for several African countries affected by economic disruptions linked to conflict in the Mid...
The United States and Iran entered a two-week ceasefire on April 8, 2026, following more than five weeks of military conflict. U.S. President Donald Trump announced the agreement after me...
The United States and Israel launched coordinated military strikes against Iran on February 28, 2026. The operation targeted Iranian military facilities, missile capabilities, government ...
The Camp Fire ignited on November 8, 2018, in Butte County, California, and rapidly spread through the town of Paradise. The wildfire became the deadliest and most destructive in Californ...
12 May 1944 — American bombers begin a major concentrated campaign against German synthetic fuel plants and oil infrastructure. Germany relies heavily on synthetic fuel because access to ...
23 July 1942 — Hitler issues Directive No. 45, dividing German strategic effort between Stalingrad and the Caucasus. Securing oil becomes a central objective because Germany remains chron...
26 July 1941 — Following Japan's movement into southern French Indochina, the United States freezes Japanese assets. British and Dutch measures follow, and Japanese access to imported oil...