A barrage of Iranian ballistic missiles struck the United Arab Emirates on Saturday, setting off fires at Fujairah's key oil facilities and forcing a partial shutdown of loading operations at one of the world's busiest ship-refuelling ports. The assault...
European drivers could pay about €220 more per year for fuel as oil prices surge due to tensions linked to the conflict involving Iran, analysts have warned.
Experts say if oil prices remain around $100 per barrel, motorists across the...
In a recent update to Republican leaders, President Donald Trump characterized the war in Iran as a successful but brief mission that is now largely finished. Trump used the term "excursion" to describe the joint strikes with Israel, promising...
Global oil markets were thrown into disarray on Monday as the Strait of Hormuz — one of the world's most critical shipping lanes — faced effective closure following intensified military conflict in the Middle East. Brent crude surged by...