Oil Prices Rise Above $100 as Middle East Supply Risks Intensify
Global oil prices climbed above the $100-per-barrel level as renewed security concerns in the Middle East raised fears about disruptions...
Fuel Prices
Oil Prices Rise Above $100 as Middle East Tensions Threaten Global Supply
London: Global oil prices have climbed above the $100-per-barrel mark as growing geopolitical risks raise concerns about possible disruptions to...
Global Commodity Prices Accelerate Sharply in August, UNCTAD Data Shows
Geneva: Global commodity prices accelerated sharply in August 2026, with the United Nations Trade and Development's latest data showing a...
G7 Emergency Oil Release Puts Fresh Pressure on Global Energy Prices
London: Global oil markets moved lower as additional crude supplies from the Middle East and a planned release of emergency...
South Africa’s Private Sector Contracts as Weak Demand and Fuel Costs Hit Businesses
Johannesburg: South Africa’s private-sector economy came under renewed pressure in September, with business activity contracting at its fastest pace since...
Economic Issues Take Center Stage in US Midterm Election Debate
Washington: Economic conditions are emerging as a major focus of political debate in the United States as the country moves...
Global Fuel Prices Surge as Diesel and Jet Fuel Markets Face Supply Pressure
London: Global refined-fuel markets are facing renewed pressure as prices for diesel, gasoline and aviation fuel rise sharply amid disruptions...
IMF Warns Energy Shock Could Keep Global Inflation Under Pressure
Washington: The International Monetary Fund has warned that the latest energy-market shock could slow the decline in global inflation and...
Global Fuel Prices Surge as Diesel and Jet Fuel Markets Face Supply Pressure
London: Global refined-fuel markets are facing renewed pressure as prices for diesel, gasoline and aviation fuel rise sharply amid disruptions...
Oil Prices Hold Above $100 as Global Energy Supply Risks Intensify
London, October 2, 2026: International oil prices remained above the psychologically important $100-per-barrel mark on Friday as traders assessed conflicting...
EU Nations Hold Emergency Talks as Diesel Prices Surge Across Europe
Brussels: European Union countries are holding emergency discussions over sharply rising diesel prices, as governments face pressure to protect consumers...
Oil Prices Ease as Markets Assess Possible U.S.-Iran Truce
LONDON: Global oil prices edged lower as traders assessed the possibility of a diplomatic breakthrough between the United States and...
Global Diesel Shortage Could Persist Into 2027 as Inventories Fall
The global diesel market is facing a prolonged supply squeeze, with industry data and storage trends indicating that tight conditions...
Oil Prices Fall as Saudi Supply Improves and Hopes for Diplomacy Grow
Global oil prices moved lower on Wednesday as traders responded to signs that crude supplies from the Gulf region could...
Bangladesh Raises Fuel Prices by Up to 17.4% as Energy Crisis Hits Businesses
September Bangladesh has raised domestic fuel prices by as much as 17.4%, adding fresh pressure on businesses, manufacturers and consumers...
Slovakia Faces EU Pressure as Dispute Over Russia Sanctions Delays Decision
Bratislava, September Slovakia has become a central point in a new dispute over the European Union’s Russia sanctions regime after...
Greece Faces Rising Fuel Costs as Energy Pressure Hits Transport Sector
Athens, September Greece is facing renewed pressure from rising fuel costs, with higher energy prices beginning to affect transport services...
Brazil’s Petrobras Raises Diesel Price as Government Subsidy Shields Distributors
Brasília, September 17, 2026: Brazil’s state-controlled oil company Petrobras has increased the price of diesel supplied to distributors by an...
Cyprus Extends Fuel Tax Reduction as Government Moves to Ease Pressure on Households
The Cyprus government has extended the reduction in Special Consumption (Excise) Duty rates on fuel, continuing a measure aimed at...
Portugal’s Food Basket Becomes More Expensive Again as Fuel Costs Rise
LISBON — Portugal’s food basket is becoming more expensive again as higher fuel costs add pressure to household budgets, according...
Czech Prime Minister Babiš Heads to Bratislava for V4–Ireland Summit
PRAGUE — Czech Prime Minister Andrej Babiš is travelling to Bratislava on September 10, 2026, for a meeting with the...
Iran Raises Fuel Prices for High-Consumption Drivers as Government Seeks to Control Demand
TEHRAN — Iran has introduced a higher gasoline price for motorists whose monthly consumption exceeds a specified threshold, as the...
Portugal Extends Fuel Support as Energy Costs Put Pressure on Households and Businesses
LISBON — Portugal has extended measures aimed at cushioning households and businesses from a sharp rise in fuel prices, with...
Portugal Extends Fuel Support Measures as Government Responds to Rising Energy Costs
Portugal’s government has announced an extension of measures designed to shield households and businesses from the impact of rising fuel...
Oil Prices Surge as US-Iran Fighting Raises Fresh Fears Over Strait of Hormuz
London, September 8, 2026: Global oil prices have climbed sharply as renewed military confrontation between the United States and Iran...
Thailand Inflation Accelerates to 2.53% as Fuel and Food Costs Rise
BANGKOK — Thailand’s inflation rate accelerated sharply in August, moving above market expectations as higher fuel and food-related costs put...
Global Ship Fuel Shortage Looms as War Disrupts Refineries and Shipping Routes
A growing shortage of fuel oil used by ships and power plants is threatening to push up transportation and energy...
Strategic Oil Reserves Explained: Why Countries Are Stockpiling Crude for the Next Energy Shock
When global oil supplies are disrupted, governments have one emergency tool that can be used almost immediately: strategic petroleum reserves....
Strait of Hormuz Explained: Why One Narrow Waterway Can Affect the World Economy
Symbolic Photo The Strait of Hormuz is one of the most important maritime passages on Earth. Although it is a...
Refining Capacity Crunch Keeps Global Fuel Prices High Despite Softer Crude Oil
Global fuel prices have remained elevated even as crude oil prices have eased, highlighting a growing imbalance in the international...
U.S.–Iran Standoff Enters Sixth Month as Diplomatic Signals Clash and Global Markets Remain on Edge
The confrontation between the United States and Iran has entered its sixth month, marking one of the most prolonged and...
Why Fuel Prices Rose Differently Around the World After the Middle East Conflict
The outbreak of conflict in the Middle East once again reminded the world how closely global energy markets are connected...
