Business
JP Morgan Analysts Cite Uncertainty in Forecasting Oil Prices Amid US-Iran Conflict
Investment bank JP Morgan has admitted difficulty in modeling the economic endgame of the US-Iran conflict, ci...
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Business
President Trump Considers Diesel Export Ban to Address Rising Fuel Costs
President Donald Trump is evaluating a potential ban on U.S. diesel exports as record-high fuel prices create...
World
Brent Crude Reaches $100 Amid Escalating Gulf Military Conflicts
Global oil prices have surged to $100 a barrel following a series of military engagements between the United S...
World
Saudi Arabia Shuts Key Oil Pipeline Following Drone Strike
Saudi Arabia has suspended operations on a major oil pipeline after a drone attack traced to Iraqi territory,...
Business
U.S. Announces Agreement to Oversee Venezuelan Oil Reserves
President Donald Trump has unveiled a deal to gain control over 65 billion barrels of Venezuelan oil, aiming t...
Business
Oil Prices Drop Amid Potential Strait of Hormuz Breakthrough
Global oil prices reached a three-week low on Tuesday following reports of progress in negotiations to reopen...
World
Middle East Shipping Risks Escalate as Red Sea Attacks Compound Strait of Hormuz Crisis
Analysts warn that oil transport in the Middle East faces its most severe threat since the conflict began, as...
Business
UK Fuel Costs Climb as Middle East Tensions Impact Oil Markets
Petrol and diesel prices in the UK are rising again as renewed instability in the Middle East pushes global oi...