The escalating war with Iran is pushing parts of the world into energy triage, forcing governments to choose where to cut demand or absorb costs, while prioritizing dwindling supplies. Asia is the ...

Oil prices surge 40% during Middle East crisis: How it may impact petrol prices in the UAE / Image: file While the Gulf region sits atop some of the world’s largest oil reserves, the prices we pay at ...

Since the war in Iran began on Feb. 28, gas prices have gone up an average of 65 cents per gallon, according to AAA. The price of a regular gallon of gas in Texas on Friday, March 13 was $3.28, an ...

Oil prices traded near their highest level since 2022 Friday, shrugging off the Trump administration’s earlier decision to temporarily allow the delivery and sale of sanctioned seaborne Russian crude ...

Surging oil prices linked to the Iran conflict are expected to squeeze U.S. airline profits, especially since many carriers reduced fuel hedging and are now highly exposed to jet fuel price spikes.

Former GAIL Chairman Sandeep Kumar Gupta said LPG availability in India should remain adequate until the end of the month despite supply concerns linked to the West Asia conflict. He noted that oil ...

The Trump administration said Wednesday the U.S. will release 172 million barrels of crude oil from the Strategic Petroleum Reserve, its boldest attempt yet to bring down oil prices that have spiked ...

Member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil into the global market – the largest release of emergency oil stocks in history – ...

The war in Iran is hindering oil production and shipping in the region, causing barrel prices to fluctuate. A spokesperson for Iran's military command warned the world to "get ready" for oil to be ...

FTSE 100 opens higher and European markets rise as US president describes conflict as ‘very complete’ Business live – latest updates Middle East crisis – live updates Oil prices have tumbled from four ...