Monday - Friday, 08:00 - 11:00 CET | 14:00 - 17:00 HK/SG Neil Atkinson, former Head of Oil at the International Energy Agency, tells CNBC there is no historical precedent for Gulf nations cutting oil ...

The Strait of Hormuz closure has caused the biggest oil supply disruption in history, according to Rapidan Energy. About 20% of global supply has been disrupted for nine days, more than double the ...

Asia’s governments will have to stretch their budgets or risk unleashing an inflation shock as the deepening conflict in the Middle East pushes oil prices past $100 a barrel. That could raise new ...

NEW YORK (AP) — A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. In response, the ...

Oil futures, which surged as much as 31% Sunday night to more than $100 a barrel, have tumbled back down, a stunning reversal that gained momentum after President Trump told CBS that the war he ...

The widening Iran war has upended oil production and shipping across the Middle East, straining energy supplies worldwide. Those disruptions caused oil to spike Monday, only for it to swiftly fall ...

WSJ’s David Uberti explains what’s happening in the global oil market and how oil reserves could impact the U.S. economy. Photo: Brandon Bell/Getty Images First there was $100-a-barrel oil. Then $110 ...

With markets diving and oil up around $120 a barrel to start the week, Donald Trump on Monday changed his tune about a war that—just days ago—he and his aides had said was only getting started, with ...

Oil prices reached heights not seen since the aftermath of Russia’s 2022 invasion of Ukraine before falling back, as President Donald Trump sent mixed signals about his Iran plans. The price for a ...

The current situation in the Middle East — a major war involving the U.S., Israel, and Israel’s enemies, spiking global oil prices, spiking domestic gasoline prices — may feel a bit like déjà-vu. All ...

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PARIS, March 9 (Reuters) - The Group of Seven countries are considering releasing emergency oil stocks to address the Middle Eastern supply crisis, the International Energy Agency said on Monday, as ...