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Major equity indices, which had been hovering near all-time highs, pulled back as geopolitical risks surged back to the ...
Sir Keir Starmer has warned that this week’s explosive developments in the Middle East will deal a blow to the cost of living ...
Iran said the Shahran oil depot in Tehran was targeted in an Israeli attack on Saturday but that the "situation was under ...
After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...
The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
The chancellor called for de-escalation in the Middle East, and warned of the domestic impact of rising oil prices and the ...
Following Iran’s recent attack, missile strikes reportedly hit an oil refinery in Haifa, Israel. Magen David Adom has found ...
The local sharemarket is set to follow Wall Street lower on Monday as investors brace for wild swings in oil prices amid ...
The strike follows a wider Israeli offensive that began Friday, in which military officials claimed to have killed Iranian ...
Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...
The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies. Read more at The Business Times.