Supply risks around the Strait of Hormuz are pushing crude higher, raising fuel costs and economic pressure worldwide Published 20…
OIL
The alleged trade came shortly before reported progress toward US-Iran deal to end the war, raising suspicions of insider information…
Nigeria’s oil, pumped from its own soil, is systematically routed away from its own shores Published 8 May, 2026 14:03…
Tehran and Washington continue “sporadic” exchanges of fire as they vie for control of the strategic waterway Published 9 May,…
Indonesia has agreed to buy crude oil and liquefied petroleum gas from Moscow amid global supply shocks Published 14 Apr,…
Seven major exporters of crude reportedly agreed to add 188,000 barrels a day in June Published 3 May, 2026 10:50…
The Middle East conflict makes clear that great‑power politics now matter as much as OPEC quotas and output Published 6…
The economy is forecast to expand 1.1% this year on higher energy prices due to Middle East disruptions Published 14…
Crude prices have hit their highest levels since 2022 following reports that the US president would be briefed on new…
Spirit Airlines announced it was shutting down immediately following a failed Washington bailout bid and a surge in oil prices…
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