News

Crude has jumped by around 12% in past week amid Israel-Iran conflict and heightened fears of broader regional conflagration ...
The Israeli military claims its campaign has eliminated high-value targets, including nine senior scientists, and severely ...
On Friday, oil prices surged more than they have in three years. Iran, the third biggest OPEC producer (despite US sanctions), pumps around 3.3 million barrels a day of crude oil and exports roughly 1 ...
Petrol and diesel could become 10 to 15 forints more expensive if the price of oil remains at the high level it reached ...
GPS disruptions hit more than 900 vessels in the Strait of Hormuz, sparking fears of collisions and maritime confusion as ...
Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...
Oil could easily rocket past $120 per barrel. Shipping lanes may need to be rerouted thousands of miles around the Cape of Good Hope.
The Israel-Iran conflict has triggered a spike in crude oil prices, which could exceed $100 per barrel in the worst-case ...
Stock futures were pointing to a higher open Monday, showing investors were largely taking the conflict between Israel and Iran in their stride. The two countries struck each other's energy facilities ...
“History shows that while oil markets fear lost barrels, shipping markets often benefit from the operational inefficiencies ...
The flare-up of tensions between Israel and Iran has reignited concerns over the security of the Strait of Hormuz, a vital ...
Iran is reportedly considering shutting the Strait of Hormuz amid escalating tensions with Israel, which could be a big blow for countries worldwide.