The fuel and energy sector (FES) greets Tuesday, August 11, 2026, in a state of high turbulence. The main theme of the global oil and gas market is the protracted negotiations surrounding the reopening of the Strait of Hormuz: Tehran claims to be in the final stage of coordinating shipping routes with Oman but imposes strict conditions on Washington, including the lifting of sanctions and payment of reparations. Against this backdrop, Brent crude oil has risen above $85 per barrel for the first time since early August, recovering some of the recent decline. Meanwhile, the European gas market is preparing for the most challenging winter in recent years: underground gas storage (UGS) is only 58% full — the lowest level in 15 years of observation. OPEC+ is completing its cycle of production recovery, the Russian oil products market is operating under an extended export ban, and the global power sector is restructuring in response to explosive demand from data centers and artificial intelligence. Below is a detailed overview of key events for investors, participants in the FES market, oil, gas, and fuel companies.<br /><br />