TotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...

The global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...

Australians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...

President Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...

A tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...

President Vladimir Putin hosts a summit of Southeast Asian leaders in the central Russian city of Kazan from Wednesday, as the West pressur...

The head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Re...

A war in Iran has highlighted significant energy risks for Southeast Asia. The region faces a potential tripling of its energy import bill ...

A recent Middle East war has concluded with no clear victor. Iran, though weakened, successfully thwarted the objectives of the United Stat...

Wall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears ...

A landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...

The global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not y...

Crude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and ...

The Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...

The International Monetary Fund has issued a stark warning. The ongoing Middle East conflict is impacting eurozone growth more than previou...

Britain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...

The European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...