More: Energy
How the Iran War Is Destabilizing the Global Economy
The war launched by U.S. President Donald Trump and backed by Israeli Prime Minister Benjamin Netanyahu against Iran is often framed as a military...
Trump’s De-escalation Hint Triggers 11% Oil Price Crash
Oil prices dropped more than $10 a barrel on Tuesday, following a sharp rise due to expectations of supply disruptions from the Middle East...
Russian Oil Prices Rise, But Shipping Costs Devour the Gains
The price of Russian Urals oil has increased significantly due to the ongoing war in Iran, even as many buyers continue to avoid it...
G7, EU Leaders to Hold Talks on Soaring Energy Prices Amid Iran War
G7 energy ministers will hold a call on Tuesday to discuss sharply rising energy prices triggered by the ongoing war in Iran, officials said....
Bangladesh Secures Diesel After Iran War Disrupts Fuel Shipments
The war involving Iran, United States and Israel is increasingly affecting energy supplies far beyond the Middle East, with Bangladesh now scrambling to secure...
Oil Shock From Iran War Raises Fears of Financial Stress for Central Banks
The surge in oil prices triggered by the war in Iran is increasingly becoming a major concern for global central banks, which are closely...
Trump–Putin Call Signals Possible Russian Oil Sanctions Relief Amid Iran War
A phone call between Donald Trump and Vladimir Putin on Monday highlighted growing international concern over the global economic impact of the war involving...
‘The Crisis Has Arrived’: Putin Opens Door to European Energy Talks
Russian President Vladimir Putin stated that the ongoing U. S.-Israeli war against Iran has led to a global energy crisis, warning that oil production...
ECB Signals Patience Despite Oil-Driven Inflation Fears
A sharp surge in oil prices triggered by the escalating Iran conflict has prompted speculation in financial markets that the European Central Bank could...
Governments Scramble to Shield Economies as War Sends Oil Soaring
Governments across Asia are rolling out emergency policies to cushion their economies from a sharp surge in oil prices triggered by the escalating U.S.–Israeli...