Explosions reported in Iran's Hormozgan province near Sirik
A single report describes explosions near Sirik in Iran's Hormozgan province, with cause and impact unconfirmed.
Event / Politics
Escalating military conflict between Saudi Arabia and Houthi forces, including coordinated attacks on airports and energy infrastructure, with regional ceasefire violations and international responses.
2026-07-29 to 2026-10-26 · UTC publication dates
Coverage begins 11 Apr, 00:07 UTC
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The average price of diesel (gazole) in France reached 2.4097 euros per liter on September 20, 2026, according to data from more than 8,700 gas stations tracked on the government's Prix-carburants.gouv.fr website. This represents a new record high, surpassing the previous record set on September 19, 2026.
In March 2026, member countries of the International Energy Agency approved the release of 400 million barrels from strategic reserves onto global markets, representing the largest coordinated emergency reserve operation ever organized by the agency.
The SP95-E10, the most common gasoline sold in France, reached 2.17 euros per liter on September 20, 2026, marking the tenth consecutive day above its previous peak of 2.11 euros set in June 2022. SP98 gasoline exceeded 2.28 euros per liter during the same period.
Attacks in early September 2026 forced the closure of Saudi Arabia's East-West crude oil pipeline, which serves as an alternative export route to bypass the Strait of Hormuz and reach the Red Sea. The pipeline shutdown further constrained global oil supply.
French President Emmanuel Macron announced on September 19, 2026, plans to convene a G7 summit in the coming weeks to discuss coordinated responses to the energy crisis, including potential coordinated use of strategic petroleum reserves.
American and Israeli military operations against Iran on February 28, 2026, initiated a major petroleum crisis in the Middle East that has disrupted global oil supply chains. The strikes contributed to reduced oil traffic through the Strait of Hormuz and damaged critical infrastructure in the region.
TotalEnergies gas stations implemented price caps of 1.99 euros per liter for gasoline and 2.25 euros per liter for diesel, making them significantly cheaper than competitors and independent retailers. These stations experienced severe fuel shortages due to high demand.
French Commerce Minister Serge Papin announced on September 19, 2026, that government fuel subsidies targeting high-mileage drivers would continue beyond the originally planned September 30 expiration date. The government also extended a 15-cent-per-liter subsidy for farmers into September and October.
The French Ministry of Economy announced on September 19, 2026, that the government projects a public deficit of 5.4 percent for 2026, an increase from the 5.1 percent deficit in 2025. National debt is expected to reach record levels in 2027 due to sustained high deficits.
The International Energy Agency estimated that global crude oil stocks fell by 507 million barrels since the beginning of the Middle East conflict, despite emergency reserve releases. This rapid depletion reflects the severity of supply disruptions in both the Middle East and Russia.
According to the International Energy Agency (IEA), oil traffic through the Strait of Hormuz declined to 7.6 million barrels per day in August 2026, down 13.1 million barrels per day from pre-conflict levels. This represents a significant reduction in global oil supply capacity.
Fishermen in the Mediterranean region blocked petroleum depots on September 18, 2026, in protest against rising fuel prices. The action reflected growing social tensions over the impact of the energy crisis on working professionals.
Brent crude oil prices declined to approximately 105 dollars per barrel on September 19, 2026, down from levels approaching 110 dollars. Despite this decline, refined product prices remained elevated due to refining capacity constraints and transportation issues.
Approximately three million modest-income French workers who rely heavily on vehicle use became eligible to claim a flat-rate subsidy of 100 euros as part of government support measures implemented in early September 2026.
Saudi Arabian crude oil production decreased during August 2026, contributing to global supply concerns and upward pressure on international oil prices amid regional instability.
French government spokesperson Maud Bregeon did not rule out introducing a new financial assistance programme for regular commuters in the coming months as fuel prices reached record levels, indicating potential policy response to rising petrol costs.
French political figures including Marine Le Pen of the National Rally and Bruno Retailleau of The Republicans presented campaign proposals addressing housing costs and petrol prices as key purchasing power concerns for voters in the pre-election period.
Houthi rebels aligned with Iran took control of the Yemeni coastline and islands in the Bab al-Mandeb strait on September 11, 2026. This strategic chokepoint handles approximately seven million barrels of oil per day and serves as a crucial bypass route for shipping between Europe and Asia via the Red Sea, circumventing the Iranian-blocked Strait of Hormuz.
Average diesel price reached approximately €2.35 per litre on September 15, 2026, approaching the absolute record of €2.38 per litre set in April 2026. This represents a significant rise of 4 cents in a single day and 14 cents over the preceding month.
American and Israeli military strikes against Iran beginning February 27, 2026, resulted in near-complete paralysis of the Strait of Hormuz and numerous attacks on energy infrastructure, creating global supply chain concerns and contributing to rising oil prices.
A single report describes explosions near Sirik in Iran's Hormozgan province, with cause and impact unconfirmed.
Houthis resumed fighting with Saudi Arabia in July, then took control of Yemen's Red Sea coastline in September.
Three people were killed in Eastern Province incidents, while Saudi Arabia intercepted six drones, one aimed at Medina.
The US is ordering non-essential Riyadh embassy staff and their families to leave, and withdrawing families from four regional countries.
Israeli tank fire killed a Lebanese soldier; two deaths reported in southern Lebanon ceasefire violations.
Global powers condemn Houthi airport attacks; Trump signals possible US military involvement in response.
Houthis hold Bab el-Mandeb strait control despite failed government counteroffensive to recapture the strategic chokepoint.
Houthis executed four coordinated operations against Saudi airports, killing 14 people in two strikes on Riyadh facility.
Saudi coalition calls airport attack war crime; Iran advocates political resolution.
Houthis conducted four coordinated Saudi operations in 24 hours, killing 14 at Riyadh airport amid escalating attack cycles.
UN condemns civilian infrastructure attacks as regional conflict escalates with airport strikes and retaliatory bombardment.
Airlines suspend Saudi flights as conflict threatens regional aviation infrastructure.