Business
Oil Prices Surge More Than 3% Amid Gulf Supply Disruptions
Global oil prices jumped more than 3% as escalating geopolitical tensions and drone strikes on a major Saudi Arabian pipeline…
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Energy Markets
World
Drones From Iraq Strike Saudi East-West Oil Pipeline, Forcing Shutdown
Saudi Arabia has temporarily shut down its critical East-West oil pipeline after drones launched from Iraqi territory struck the infrastructure,…
Business
LNG Prices Surge to Multiyear Highs as West Asia War Squeezes Supplies
Renewed US-Iran hostilities and a largely stalled Strait of Hormuz have pushed Asian and European gas benchmarks to their highest…
Business
Oil Prices Climb as Global Markets Turn Nervous
Global oil prices have surged to their highest levels in months, driven by renewed conflict between the U.S. and Iran,…
Business
Russia Extends Diesel Export Ban Until September 30 Amid Domestic Fuel Supply Concerns
Russia has extended its ban on diesel exports by producers until September 30, citing the need to stabilize domestic fuel…
World
Trump Announces 'Biggest Oil Deal in World History' With Venezuela
President Donald Trump claims the US has secured majority control of over 65 billion barrels of Venezuelan oil reserves in…