The latest escalation in the Middle East has the potential to cause widespread price increases that could set consumers back.

Crude oil scored its largest single-day gains in more than three years after Israel launched air strikes against Iran's nuclear sites and other military targets but not oil infrastructure ...

ENERGY Secretary Raphael Lotilla said Friday fuel supply and pump prices in the country remain stable amid the escalating tension between Israel and Iran, with new developments sparking fears of an ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Amid the recent downturn in oil prices, Halliburton has delivered fairly lackluster results, with revenue down 6.7% in its ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

LOCAL oil industry sources announced that all fuel products are likely to increase in prices again next week, mainly due to recent global developments.

Oil surged as much as 13% after Israel carried out airstrikes against Iran, raising fears of a wider war in a region that accounts for a third of global crude production.

West Texas Intermediate crude futures topped $77 a barrel at one stage, the biggest intraday jump since May 2020, before ...

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.

Israel’s strike on Iran has injected a fresh bout of geopolitical risk into an oil market that has been in the doldrums due to concerns about the global economy and supply increases from OPEC+.