The fuel and energy complex (FEC) meets 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 unlocking of the Strait of Hormuz: Tehran claims to be in the final stage of coordinating shipping routes with Oman, yet imposes tough conditions on Washington, including the lifting of sanctions and payment of reparations. Against this backdrop, Brent oil has risen above $85 per barrel for the first time since early 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 facilities (UGSF) are only 58% full — the lowest level in 15 years of observations. OPEC+ completes its cycle of production recovery, the Russian oil products market operates under a prolonged export ban, and the global electricity sector is restructuring under explosive demand from data centers and artificial intelligence. Below is a detailed overview of key events for investors, participants in the FEC market, and oil, gas, and fuel companies.<br /><br />