Market sources: a Saudi Aramco refinery was hit in a fresh round of strikes.

Washington is preparing to refer Iran's obstruction of IAEA inspectors to the UN Security Council after inspectors said they cannot account for the whereabouts of Iran's near‑weapons‑grade uranium stocks. The move is expected to be tabled at this week's IAEA Board meeting in Vienna. Since Israel's June 2025 airstrike, Iran has denied IAEA access to its uranium stocks for 15 months, according to a two‑page U.S. draft resolution that calls on Iran to urgently remedy non‑compliance and permit inspections to ensure nuclear material has not been diverted. The last U.S. referral was followed within 24 hours by an Israeli strike that triggered a 12‑day war; the current round of hostilities began Feb. 28 after the IAEA reported new activity near previously struck facilities.

US Energy Secretary wright said the Trump administration is focused on boosting crude oil and fuel supplies, not on restricting U.S. oil exports.