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A $10 a barrel increase in the average price of crude oil in FY26 will typically push up net oil imports by about $13-14 ...
As Iran-Israel tensions rise, the strategic Strait of Hormuz faces potential closure. With 20% of global oil trade passing ...
Shell CEO Wael Sawan said on Thursday the oil and gas major was being 'very careful' with its shipping through the Middle East given the escalating conflict between Israel and Iran.
The Fed is likely to remain sidelined, unable to cut rates or provide support as inflation accelerates above target, ...
Iran has threatened to close the Strait of Hormuz in response to attacks by Israel. Nearly 20% of global oil and 30% of global LNG passes through the Strait of Hormuz. This is a developing story.
Crude oil and natural gas prices continue to climb on fears that energy shipments via the Strait of Hormuz could be disrupted ...
Israeli aerial bombardment has wiped out much of Iran’s ballistic missile capability and decapitated its military command, ...
China's energy imports are vulnerable as Iran's conflict with Israel threatens to drag the United States into a war.
Both countries are weighing long-term solutions, including boosting domestic production and securing alternative storage, ...
Oil price could surge sharply if US attacks Iran. Oil has historically jumped up to 76% on geopolitical shocks involving oil ...
While the Israel-Iran conflict is playing out thousands of miles away from US soil, Americans may not be able to escape the economic impact of it.
After dipping to a four-year low before Memorial Day, gas prices may soon head in the opposite direction — and quickly — as ...
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