Amid rising tensions in the Middle East, oil spikes and Wall Street stumbles as investors brace for inflation risks, Fed ...

Marcos said that fuel subsidies would be given as oil prices are expected to rise amid the tension between Israel and Iran.

Taimur Baig from DBS Bank discusses the global economy. He says the oil market can handle Middle East tensions. Oil prices ...

Iran is OPEC’s third-largest producer extracting about 3.3 million barrels per day (bpd) of crude oil, but analysts say other ...

Analysts said the market was largely worried about supply disruptions in the Strait of Hormuz, which carries a fifth of the ...

DUBAI/COPENHAGEN: Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, where electronic ...

Iran’s allies, the self-described “Axis of Resistance,” have been severely hurt by ongoing Israeli attacks since the Oct. 7, ...

Oil prices stabilised Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict ...