The U.S. is the world’s leading oil producer. So why are gas prices soaring?
Motorists are paying sharply higher fuel prices since the outbreak of the Iran war, despite the U.S. being the…
European leaders reject military involvement in Strait of Hormuz | US-Israel war on Iran News
European leaders have rejected demands by United States President Donald Trump to help ensure freedom of navigation in…
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…
Strategic oil release may calm markets but cannot fix Hormuz disruption | Conflict News
Hundreds of tankers sit idle on both sides of the Strait of Hormuz as Iran has effectively closed…
Drill in Britain’s biggest oil field or risk energy crisis, Make UK tells Ed Miliband
Friday 13 March 2026 2:09 pm Make UK has warned that the UK’s rate of deindustrialisation could accelerate…
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…
India’s consumer inflation rises to 3.21% in February as oil risks loom
Fuel nozzles hang at a petrol pump at a fuel station in Guwahati, India, on March 11, 2026.…
Which countries have seen the highest petrol prices since the Iran war? | US-Israel war on Iran News
Motorists around the globe are already feeling the impact of the United States and Israel’s war on Iran,…
IEA holds talks as member states mull releasing oil reserves amid Iran war | US-Israel war on Iran News
International Energy Agency chief says talks aimed to assess conditions as US-Israel war on Iran fuels global uncertainty.…
Will the US benefit from the oil crisis sparked by the war on Iran? | Conflict News
As oil and gas prices soar against the backdrop of the war in Iran, the United States and…
Stocks wobble; UK faces energy bills warning
Wednesday 04 March 2026 6:45 am | Updated: Wednesday 04 March 2026 8:43 am The FTSE 100 sunk as…
IMF warns Venezuela’s economy and humanitarian situation is ‘quite fragile’ | International Monetary Fund News
Listen to this article | 4 mins info The International Monetary Fund (IMF) has described Venezuela’s economic and humanitarian situation…