The Strait of Hormuz is one of the world’s most critical maritime chokepoints, through which around 20 per cent of global oil ...

As Israel pounds Iran with airstrikes targeting military facilities and its nuclear sites, officials in Tehran have proposed ...

FTSE 100 falls but oil shares rise after UK-US trade deal - Stock market reaction and business news from Tuesday ...

The world's top oil trader predicts a slight decrease in US oil production for 2025 due to weaker oil prices affecting ...

United States President Donald Trump said he wanted a "real end" to the nuclear problem with Iran and indicated he may send ...

Turkish President Recep Tayyip Erdogan ordered officials to increase the production of medium and long-range missiles in ...

The Middle East is bracing for another protracted conflict after Israel's surprise bombardment on Friday of Iranian nuclear ...

Yesterday morning, as families in central Israel emerged from bomb shelters after yet another sleepless night, the air was ...

WHAT is an oil producer to do when it sees its core product under threat from declining demand and a war-torn neighbourhood?

Israel recently conducted airstrikes damaging Iranian installations. The US may join the conflict. Once, the US and Iran had ...

Futures on Wall Street have declined on Tuesday morning Indian time after an uneasily positive session to start the truncated week. The Dow futures are currently down 165 points, while the S&P 500 and ...

The blow to oil markets this past week is bringing bad news for South African motorists in July, with mid-month data pointing to under-recoveries for petrol and diesel prices.