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.

The IDF’s announcement came just hours after a U.S. official said Iran was preparing imminently to launch a ballistic missile attack against Israel. The official said the U.S. was actively supporting ...

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 ...

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 ...

China's refiners lifted their processing rates in July, but strong crude oil imports and domestic output meant there was ...

Baytex and ARC Resources remain viable options for income-seeking investors, notwithstanding the energy sector’s ...

Iran is facing a severe water and electricity crisis just weeks after a deadly war with Israel brought the country to a standstill. Although the extreme heat has eased, reservoirs are running dry, ...

Oil Prices Rebound on Geopolitical Escalation. Crude oil markets spiked sharply last week after direct missile strikes between Israel and Iran raised fears of a broader regional w ...