Oil prices dropped dramatically Tuesday after a ceasefire was agreed between Israel and Iran, putting a pause to 12 days of tension in the Middle East.Brent Crude, which surged sharply after the ...

Oil prices have tumbled back toward $60 per barrel. This is a dramatic reversal from the crisis-driven surge that gripped ...

The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Shell’s chief said it took a “prudent” approach to trading wild oil price swings triggered by geopolitical upheaval including the war between Israel and Iran, in contrast to rivals that capitalised on ...

In June, Israel launched air strikes on Iranian nuclear sites, a rare move that raised concerns about oil supply disruptions, given that Iran exports around 2.6 million barrels of oil per day.

Oil prices fell on Monday after Iran's missile and drone strike failed to cause widespread damage in Israel and the U.S. administration made it clear it did not support a wider war with Iran.

Oil prices surge 9% on heels of Israeli strikes, set for largest single-day gains in about five years Crude oil futures jumped as much as 13% Thursday evening after Israel launched airstrikes ...

President Trump on Monday called for oil prices to stay low after the weekend U.S. strike targeting Iran’s nuclear facilities. “EVERYONE, KEEP OIL PRICES DOWN. I’M WATCHING! YOU’RE PLAYING ...