(By Oil & Gas 360) – Oil prices surged past $100 per barrel as escalating tensions involving Iran rattled global energy markets and raised fears of supply disruptions across the Middle East. $100 oil ...
Brent crude briefly touched $120 per barrel before falling back to $100, up 38% since the Iran conflict began. During the last three major oil supply shocks (1990, 2008, and 2022), the S&P 500 ...
Energy analysts said oil prices could continue to rise in response to the war in the Middle East. “The sky is the limit,” Neil Atkinson, former head of oil at the International Energy Agency, told ...
The head of the World Health Organization has warned that recent Israeli attacks on oil facilities in Iran could have negative effects on public health, with Iranian children and the elderly among the ...
The geopolitical crisis in West Asia took a surreal and devastating turn on Sunday as the Iranian capital, Tehran, was blanketed by black rain triggered by Israeli air raids on the city’s oil ...
Sustained higher oil prices resulting from conflict in the Middle East may fuel inflation in South Africa, though the buffers built by the government should help keep its debt-consolidation plans on ...
For a few hours yesterday morning, the market felt like a trading desk with the fire alarm blaring, baby black swans making their way to the plunge pool, and nobody quite sure whether to evacuate the ...
If you’ve watched oil prices race higher while filling up your car, you might have quietly hoped there was some grown‑up in Washington ready to lean against the chaos for you. Instead, you woke up to ...
BRUSSELS: International Energy Agency (IEA) chief Fatih Birol sought on Friday (Mar 6) to tamp down fears of a global oil crisis as conflict rages in the Middle East, saying there was "plenty of oil ...