Energy Security Index — August 2026: 30.2

In August 2026, the Energy Security Index averaged 30.2, hitting a high of 38 on August 2 and a low of 17 on August 6. Energy tensions were pushed up by Ukrainian drone strikes on major Russian oil refineries and news that Iran ruled out an interim deal extension while threatening to escalate conflict. Concerns also grew as oil prices jumped after Iran published a restrictive draft plan for the Strait of Hormuz. Tension was calmed when Iran announced a revenue-sharing deal with Oman regarding the Strait of Hormuz, which left oil prices little changed. The month ended with markets also processing news that oil companies posted record profits amidst the ongoing Iran war disruptions.

Peak 38 on 2026-08-02 · low 17 on 2026-08-06 · locked record · ← July · Energy Security Index timeline · September → · World Tension, same month

• Mapping Iran war’s strikes on Gulf energy and its impact on future of oil Al Jazeera · 2026-08-30
• Brent oil rises above $90 as Iran rules out interim deal extension, threatens to escalate conflict CNBC · 2026-08-17
• Russia’s fourth-largest oil refinery halts oil processing after drone attack – Reuters Ukrinform · 2026-08-26
• Ukrainian drones strike major oil refinery deep inside Russia, setting it ablaze PBS · 2026-08-13
• Ukrainian drones behind overnight attack on Russia's Kstovo oil refinery Українська правда · 2026-08-26
• Ukrainian military says it attacked oil refinery in Russia's Orsk reuters.com · 2026-08-11
• Oil prices jump after Iran publishes restrictive draft plan for Strait of Hormuz CNBC · 2026-08-06
• Ukraine Says It Attacked Major Russian Oil Refinery in Yaroslavl Bloomberg.com · 2026-08-28

• Brent oil rises above $90 as Iran rules out interim deal extension, threatens to escalate conflict
• Oil prices little changed after Iran says deal reached with Oman to share revenue from Hormuz
• Oil settles lower on clues about Fed policy, rumors of Hormuz deal
• U.S. oil rises back above $82 as doubt grows Washington and Tehran will reach Hormuz deal