Strait of Hormuz: four tankers hit mines as October attacks reach a record
Iran's Revolutionary Guards say four oil tankers hit mines and caught fire in the Strait of Hormuz on 30 October 2026. UKMTO data show more than 30 attacks on ships in the…
Energy Insight
BrentFront-month futures, Jan 27
$113.43 $/bbl
+$2.63 (+2.4%) on prior
Close 30 October 2026
WTIFront-month futures, Dec 26
$104.12 $/bbl
+$2.12 (+2.1%) on prior
Close 30 October 2026
Henry HubFront-month futures, Dec 26
$2.898 $/MMBtu
−$0.054 (−1.8%) on prior
Close 30 October 2026
TTF (Dutch gas)Front-month futures, Dec 26
$34.07 $/MMBtu
+$2.05 (+6.4%) on prior
Close 30 October 2026
Front-month futures, previous close; contract month on each box. Brent: NYMEX Brent Last Day Financial futures, which settle on ICE Brent. WTI and Henry Hub: NYMEX. TTF: Dutch TTF futures, converted to US$/MMBtu at the daily EUR/USD rate. Data: Yahoo Finance, delayed.
India scraps petrol export duty, raises diesel export levy to INR11.50 a litre
India has removed its INR2.50-a-litre export duty on petrol and raised the levy on diesel exports to INR11.50 ($0.12) a litre from 31 October 2026. Commercial LPG prices also rose by INR10…
Reliance fuel exports shift to Africa and Europe, lifting market share by ~50%
Reliance Industries redirected diesel, jet fuel and petrol exports to Africa, the Mediterranean and Europe as the West Asia war disrupted supply. Its market share in those regions rose by ~50%, and…
India coal power generation jumps 25.7% in October 2026 as hydro output slumps
India's coal-fired power generation rose 25.7% year on year in October 2026, its fastest pace in three years, as weak rainfall cut hydropower by 26%. Coal's share of electricity supply climbed to…
Europe gas price tops €100 as Asian LNG hits highest level since 2022
Europe's benchmark TTF gas price crossed €100/MWh ($112) for the first time since December 2022, with EU storage only ~75% full. Asian spot LNG rose for a fourth week to $32.50/MMBtu, its…
Masdar signs 400MW floating solar deal in Sarawak and starts 200MW Chereh project
Masdar has signed a power purchase agreement with Sarawak Energy's Sesco for a 400MW floating solar plant at the Murum dam. It has also started building the 200MW Chereh Dam floating solar…
