The fuel and energy complex (FEC) meets Tuesday, August 11, 2026, in a state of high turbulence. The main topic of the global oil and gas market is the protracted negotiations around the unlocking of the Strait of Hormuz: Tehran claims to be in the final stage of coordinating shipping routes with Oman, but sets tough conditions for Washington, including lifting sanctions and paying reparations. Against this backdrop, Brent crude oil has risen above $85 per barrel for the first time since the beginning of August, recovering part 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 monitoring. OPEC+ concludes a cycle of production recovery, the Russian oil product market is living under a prolonged export ban, and the global power sector is restructuring to meet explosive demand from data centers and artificial intelligence. Below is a detailed overview of key events for investors and participants in the FEC, oil, gas, and fuel companies.<br /><br />