Timeline
OPEC
13-member oil cartel (12 post-UAE exit); UAE's 1 May 2026 departure removed its second-largest spare-capacity holder.
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#68 Jun
Mentioned in: CFTC data shows WTI still net short
European Oil Markets#67 Jun
Mentioned in: OPEC adds 188kbd into 37-year output low
European Oil Markets#1195 Jun
Mentioned in: Iran oil exports fall below 300,000 bpd
Iran Conflict 2026#65 Jun
Mentioned in: Kuwait: 10-12 weeks to recover output
European Oil Markets#54 Jun
Mentioned in: OPEC+ to vote barrels it can't pump
European Oil Markets#64 Jun
Mentioned in: Iran exports collapse 84% to 209kbd
European Oil Markets#11329 May
Mentioned in: Brent's worst month since the Covid crash
Iran Conflict 2026#10522 May
Mentioned in: Brent reprices around Khamenei's uranium directive
Iran Conflict 2026#9814 May
Mentioned in: IEA: a billion barrels lost, Brent retreats 13%
Iran Conflict 2026#112 May
Mentioned in: Druzhba south restart hands MOL $40 edge
European Oil Markets#112 May
Mentioned in: WTI short, Brent long +58k contracts
European Oil Markets#9411 May
Mentioned in: Brent breaks $101 Hormuz floor at $104.71
Iran Conflict 2026#9511 May
Mentioned in: Aramco warns of a 17.5% shock
Iran Conflict 2026#9410 May
Mentioned in: Iranian drones hit UAE, Kuwait, Qatar in one morning
Iran Conflict 2026#9310 May
Mentioned in: Brent flat at $101.29; Hormuz floor holds
Iran Conflict 2026#928 May
Mentioned in: US gasoline hits $4.54 as Hormuz premium sticks
Iran Conflict 2026#168 May
Mentioned in: Russia oil revenue -38% as Q1 deficit hits ceiling
Russia-Ukraine War 2026#907 May
Mentioned in: Pakistan carries US memo to Tehran
Iran Conflict 2026#894 May
Mentioned in: Iran zone now spans Fujairah, Khorfakkan
Iran Conflict 2026#884 May
Mentioned in: Brent falls $21 across four sessions
Iran Conflict 2026#894 May
Mentioned in: Brent's kinetic premium settles at $6.81
Iran Conflict 2026#13 May
Mentioned in: OPEC+ hike 188kbd, UAE out of the room
European Oil Markets#11 May
Mentioned in: EIA pencils Brent at $89 by Q4 2026
European Oil Markets#861 May
Mentioned in: Brent falls $14.83 in a session
Iran Conflict 2026#8530 Apr
Mentioned in: State launches MFC for Hormuz with no members
Iran Conflict 2026#8530 Apr
Issued a 206,000 bpd June production increase across seven remaining members after UAE exit
Iran Conflict 2026: OPEC+ Seven agree 206k bpd June increase#8430 Apr
Lost the UAE as a member on 1 May, removing 5 million bbl/day from quota discipline
Iran Conflict 2026: Brent settles at $123, new wartime high#8530 Apr
Mentioned in: Khamenei claims 'new management' of Hormuz
Iran Conflict 2026#730 Apr
Mentioned in: OIES frames Iran shock as multi-year
European Energy Markets#8328 Apr
Lost third-largest member to structural exit
Iran Conflict 2026: UAE quits OPEC effective 1 May#8328 Apr
Mentioned in: Brent hits $111.16, a new post-war high
Iran Conflict 2026#223 Apr