Iran War: Energy Market Impact Tracker

Global conflicts have been a major driver of volatility in energy markets. The ongoing war in Iran is no exception, sending ripples through the global economy and directly impacting fuel prices. For companies that rely on transportation and logistics, understanding the daily shifts in crude oil, refinery margins, and diesel prices is critical for managing budgets, protecting margins, and maintaining operational stability.

This briefing is designed to provide you with a snapshot of the energy market's response to this geopolitical event. We will monitor key indicators and offer insights to help you navigate this uncertain landscape.

Daily energy market analysis

March 11, 2026: WTI crude oil closed at $87.25 per barrel, up 4.6% from the previous day, while Brent ended at $91.98 per barrel, marking a 4.7% day-over-day increase. WTI traded within the $80–$90 range for most of the day, closing near the upper end. Download the one-pager >

March 10, 2026: The oil market experienced significant volatility, with WTI prices spiking above $119/bbl before retreating to the $80s–$90s range amid U.S. intervention and global SPR discussions. Geopolitical tensions have escalated as Iran shuts down the Strait of Hormuz, disrupting roughly 20% of global oil flows and forcing producers to curtail output. Additionally, targeted attacks on key energy infrastructure in the Middle East have caused severe damage. Download the one-pager >

Gain control in a volatile energy market

Geopolitical disruption has amplified fuel price volatility—and traditional fuel surcharge programs aren’t cutting it. Weekly, national average indices mask daily market swings, creating distortion that routinely drives shippers to overpay for fuel.

Fuel Recovery calculates real‑time, lane‑level fuel pricing for every shipment, ensuring you reimburse carriers fairly while eliminating volatility‑driven cost inflation. Shippers using Fuel Recovery gain transparency, cost control, and confidence that fuel is treated as a true pass‑through expense.