Oil prices increased as attacks on Saudi energy infrastructure persisted. The kingdom's East-West pipeline remains offline, impacting globa...

Saudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...

The ongoing conflict in Iran is causing significant disruptions in global apparel supply chains.

The Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...

President Trump suggested the United States might remain in Iran to secure its oil. He drew a parallel to the US involvement in Venezuela's...

US Iran war news: Maritime trackers reported an attack on a ship in the Strait of Hormuz. Saudi Arabia shut down its vital East-West oil pi...

BRICS members adopted the New Delhi Declaration by consensus after intense negotiations. The group called for a nuclear-weapon-free zone in...

Iran and the United Arab Emirates joined a BRICS statement urging Middle East restraint. This move signals diplomatic progress between the ...

Chinese President Xi Jinping urged BRICS nations to champion peace and stability globally. He specifically highlighted the ongoing Middle E...

Oil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...

Europe experienced its busiest summer holiday air traffic ever this year. A daily average of 35,959 flights operated across the continent. ...

The Iran-backed Houthis seized control of Yemen's entire Red Sea coast and captured three strategic islands on Friday, in a lightning offen...

The global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...

Nestle is increasing prices and reducing product offerings to manage rising costs. Higher energy and raw material expenses are impacting su...

The escalation of hostilities in the region bordering Yemen is already deepening worries about additional supply disruptions as energy ship...

Oil prices surged on Tuesday as tensions in the Middle East escalated. Iran's warnings of potential retaliation fueled concerns over supply...

OPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output st...