Explosions heard at the Lavan oil refinery (50k BPD) in Iran, Mehr reports; origin of the explosion is not known

The explosions at the Lavan oil refinery in Iran could lead to supply-side disruptions, particularly given the facility's capacity of 50k BPD.

Newsquawk StaffPublished 8 Apr 2026, 08:56 UTCOn the live feed at 08:36 UTC — 9 more headlines followed before this page went public

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08:42

Omani Transport Minister says no fees can be imposed on the Strait of Hormuz according to the signed agreements

08:40

China’s Foreign Minister Wang Yi will visit North Korea on Thursday for a two-day trip at Pyongyang’s invitation, his first since September 2019, SCMP reports

08:36

Explosions heard at the Lavan oil refinery (50k BPD) in Iran, Mehr reports; origin of the explosion is not known

08:33

[MARKET ANALYSIS] Global equities find comfort following the two-week ceasefire announcement

08:31

China has reportedly given additional crude import quotas to independent refiners to maintain fuel production at the mandated 2025 levels

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Context

This uncertainty is likely to heighten concerns in the energy markets, potentially pushing oil prices higher as traders assess the implications for supply stability and geopolitical tensions in the region.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/7 Sept · 10:54 UTC

Saudi Aramco Jizan oil facilities were reportedly hit in new strikes, the FT reports citing sources; hit on Monday, damage is being assessed.

Brent Nov'26, after we published+0.5%

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