Asian markets faltered on Monday after US airstrikes on Iran’s nuclear sites reignited geopolitical tensions, driving Brent ...

"Any obstruction to the waterway may lead oil prices to spike to three digits, even though some of the crude volumes from the Gulf could be diverted via pipelines located in the UAE and Saudi Arabia," ...

Iran contributes nearly one-third of the total output by the Organisation of Petroleum Exporting Countries (OPEC+) and stands ...

Global benchmark Brent rallied as much as 5.7 per cent to US$81.40 a barrel, extending three weeks of gains. Read more at ...

Oil traders responded to the uncertainty in West Asia by pushing prices to new highs, briefly touching $81.40 per barrel for ...

Former Minister of Energy and Mineral Resources Arcandra Tahar stated that the Israel-Iran war has a significant impact on ...

Oil jumped after the US struck Iran’s nuclear sites, stoking concerns that energy supplies from the Middle East could be ...

Oil climbed and Asian equity markets fell after the U.S. carried out strikes on Iranian nuclear sites over the weekend, ...

US strikes on Iran raise risks for India’s current account, inflation and trade, but experts say the impact may stay ...

Though seen as a drastic option, the most powerful tool Iran has to shock the global economy and hurt the U.S. is to close traffic on the strait, said Danske Bank chief analyst Minna Kuusisto. Doing ...

OPEC+ countries, most of whom have assured their tacit support to Tehran in the Israel-Iran war, hold some influence on the ...

Experts warn that this could disrupt not only the regional balance of power but also the global oil supply chain, as Iran is a key oil exporter in West Asia.