Price of oil

Brent crude futures, $ a barrel

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2026

Iran war

Feb 2022

Russia invades

Ukraine

$150

Sep 2001

World Trade

Center

attack

Jan 2020

Covid-19

pandemic

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2026

Iran war

Feb 2022

Russia invades

Ukraine

$150

Jan 2020

Covid-19

pandemic

Sep 2001

World Trade

Center

attack

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2022

Russia invades

Ukraine

Feb 2026

Iran war

$150

Jan 2020

Covid-19

pandemic

Sep 2001

World Trade

Center attack

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2022

Russia invades

Ukraine

Feb 2026

Iran war

$150

Jan 2020

Covid-19

pandemic

Sep 2001

World Trade

Center attack

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2022

Russia invades

Ukraine

Feb 2026

Iran war

$150

Jan 2020

Covid-19

pandemic

Sep 2001

World Trade

Center attack

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2026

Iran war

Feb 2022

Russia invades

Ukraine

$150

Sep 2001

World Trade

Center

attack

Jan 2020

Covid-19

pandemic

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2026

Iran war

Feb 2022

Russia invades

Ukraine

$150

Jan 2020

Covid-19

pandemic

Sep 2001

World Trade

Center

attack

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2022

Russia invades

Ukraine

Feb 2026

Iran war

$150

Jan 2020

Covid-19

pandemic

Sep 2001

World Trade

Center attack

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2022

Russia invades

Ukraine

Feb 2026

Iran war

$150

Jan 2020

Covid-19

pandemic

Sep 2001

World Trade

Center attack

100

50

0

2000

2005

2010

2015

2020

2025

Jul 2008

Financial crisis.

Oil prices peak

Apr 2011

Arab spring

Feb 2022

Russia invades

Ukraine

Feb 2026

Iran war

$150

Jan 2020

Covid-19

pandemic

Sep 2001

World Trade

Center attack

100

50

0

2000

2005

2010

2015

2020

2025