UAE’s Fujairah hit, causing a large fire at the key oil trading hub
A family sits against the backdrop of a dockyard off the coastal city of Fujairah, in the Strait…
Japan begins release of oil reserves as Iran war sparks energy crisis | Oil and Gas News
Tokyo’s move comes as oil prices remain elevated amid the effective closure of the Strait of Hormuz. Listen to this…
Oil prices keep rising as Trump seeks coalition to reopen Strait of Hormuz | US-Israel war on Iran News
Brent crude tops $106 a barrel as markets see no end in sight to the halt of traffic…
U.S. oil tops $100 as Trump threatens strikes on Iran’s crude facilities
U.S. crude prices topped $100 per barrel Sunday evening, as the Trump administration weighs military strikes on OPEC…
Iran continues intensified attacks across Gulf in US-Israeli war fallout | US-Israel war on Iran News
Iran has pressed on with sustained missile and drone attacks across the Gulf region, despite repeated protests from…
How Iran oil shock differs from 1970s stagflation
Key Points Fears of higher prices and slower economic growth have unsettled markets over the past week following…
Key inflation gauge worsened in January, before Iran war lifted gas prices
WASHINGTON (AP) — An inflation gauge closely monitored by the Federal Reserve moved higher in January in the…
Retail prices could rise after Strait of Hormuz closure
The Iran war could soon mean higher prices on store shelves for consumers. Iran’s effective closure of the…
IEA announces release of 400 million barrels of oil. But is it enough? | Explainer News
The International Energy Agency (IEA), a global energy watchdog, with several of the wealthiest countries as member nations,…
How Israel-US war on Iran puts $50bn in Indian remittances at risk | US-Israel war on Iran News
As the United States-Israeli war on Iran completes two weeks, it has triggered a global energy crisis, even…
Two pipelines helping Saudi Arabia, UAE bypass the Strait of Hormuz
A foreign tanker carrying Iraqi fuel oil damaged after catching fire in Iraq’s territorial waters, following unidentified attacks…
Iran war paralyzes oil trade, U.S. military plane crashes in Iraq
Iran’s new Supreme Leader Ayatollah Mojtaba Khamenei issued his first public message Thursday — but the statement came…