Missile Attack Claim Targets Riyadh Airport as Saudi Arabia Faces Escalating Security Crisis
RIYADH, Saudi Arabia — Saudi Arabia faced heightened security concerns on Thursday after Yemen's Houthi movement claimed responsibility for a...
Oil Market
Global Oil Prices Explained: Why Middle East Tensions Are Pushing Crude Above $100
LONDON: Global oil markets are once again facing a major geopolitical shock. Brent crude, the international benchmark, moved above $100...
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 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...
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...
Vietnam Refinery and ExxonMobil Sign Framework for Crude Oil Supply
HANOI: Vietnam’s leading oil refining operator has entered into a framework agreement with ExxonMobil Asia Pacific to strengthen crude oil...
Global Markets Face Renewed Pressure as Energy Shock Raises Inflation Concerns
Global financial markets are facing renewed uncertainty as energy prices remain elevated and investors assess the potential economic consequences of...
Oil Prices Ease After Recent Surge as Markets Monitor Middle East Risks
Crude oil prices moved lower after a sharp recent increase, with traders reassessing the balance between supply concerns, geopolitical risks...
Strait of Hormuz Crisis Deepens as Iran Signals Conditions for Reopening Key Shipping Route
New York: The crisis surrounding the Strait of Hormuz has become a central issue in international diplomacy as Iran signals...
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...
Global Economy Faces New Energy and Interest-Rate Pressures
The global economy is entering a period of increased uncertainty as higher energy costs, elevated government bond yields and changing...
Saudi Arabia and Egypt Call for Secure Red Sea Navigation Amid Rising Regional Tensions
Saudi Arabia and Egypt have called for the continued freedom and security of navigation through the Red Sea and the...
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...
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...
Poland Moves to Strengthen Fuel Security Rules Amid Energy Market Risks
Poland is preparing changes to the country's fuel-security framework as the government considers new legislation covering strategic reserves of crude...
Iran’s Economy Comes Under Growing Pressure as War and US Sanctions Hit Trade
Tehran, Iran is facing intensifying economic pressure as the continuing conflict with the United States, tighter American sanctions and restrictions...
Strait of Hormuz Crisis Keeps Global Energy Markets on Edge as Oil Supply Risks Grow
August 28, 2026: Global energy markets remain under intense pressure as uncertainty surrounding the Strait of Hormuz continues to raise...
Trump Claims the US Has Total Control of the Strait of Hormuz as Iran Refuses to Reopen the Waterway
Washington/Tehran, August 12, 2026: A sharp new confrontation over one of the world's most important maritime energy routes has emerged...
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...
Global Oil Prices Stay Volatile as Strait of Hormuz Tensions Raise Supply Concerns
Global oil markets remain under pressure as geopolitical tensions surrounding the Strait of Hormuz continue to create uncertainty over the...
Trump Faces Difficult Choices as Iran Conflict Enters a New Phase
Washington, D.C. — As the conflict involving the United States and Iran stretches into another critical phase, President Donald Trump...
Oil Market on Edge: Prices Surge Amid Supply Shock, Ease Slightly After Ceasefire Signal
Global crude oil markets are witnessing sharp volatility as geopolitical tensions continue to disrupt supply chains. The latest movements indicate...
