Global central banks have paused planned interest rate increases as rising inflation fears linked to Iran’s regional conflicts threaten to disrupt oil markets, a development with ripple effects acr…
Attacks in the Persian Gulf have sent oil prices soaring, with Iran targeting both shipping and critical oil infrastructure, impacting global energy markets and raising concerns about stabi…
Brent crude has surged by 3.86%, reaching $91.19 per barrel, while West Texas Intermediate (WTI) climbed 4.58%, hitting $87.27 per barrel. This significant rise in global oil prices could h…
The Department of Mineral Resources and Energy has declared that there is 'no immediate risk' of fuel shortages in South Africa following recent disruptions in the global oil market. This c…
South Sudan inches closer to a full-blown civil war as violence escalates between government forces and opposition groups led by former vice president Riek Machar. The latest clashes threat…
The G7 nations have reached a deadlock on the release of strategic oil reserves, raising concerns about global supply disruptions and economic stability. This decision, made during their re…
In a bold move, former U.S. President Donald Trump has issued new threats against Iran, escalating tensions in the Middle East as concerns grow over potential repercussions for Israel. This…
The Indian opposition has raised critical questions about the government's recent waiver for importing Russian oil, sparking debates about national sovereignty and energy independence. In a…
The Indian rupee gained 2 paise to reach 91.62 against the US dollar following the US government's decision to allow Indian refiners to purchase Russian oil. This development, which occurre…
In a bold move, former President Donald Trump has promised to implement measures aimed at stabilising oil prices amidst escalating tensions in the Middle East. This announcement comes short…
Wall Street faced a significant downturn this week as fears of a prolonged conflict in Iran rattled investors, with the Dow Jones Industrial Average dropping sharply. The uncertainty stemme…
Bahrain's National Communication Centre confirmed on Monday that Iranian missile strikes targeted the state-run Bapco Energies oil refinery in a significant escalation of regional tensions.…
