Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the ...

The assassination of the head of Iran’s armed forces has raised fears of another wave of rising prices. Brent crude oil ...

SHALE oil production in the United States is projected to decline starting next year. From its peak of 13.5 million barrels ...

US and Brent crude prices jumped on fears of supply disruption from the Middle East as Iran has repeatedly threatened to ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

The unfolding Middle East crisis extended to Iran’s energy infrastructure as Israel launched an attack on a giant gas field in the Persian Gulf, threatening further turmoil for markets.Most Read from ...

The OPEC Fund for International Development (OPEC Fund) will convene global leaders, policymakers and innovators for its fourth Development Forum on Tuesday, June 17, 2025, in Vienna, Austria, under ...

For one thing, early reports indicate the air strikes did not hit Iran’s petroleum facilities, which means the Islamic ...

Soaring crude prices, driven by Israel–Iran military escalation, have revived geopolitical risk premiums and raised concerns ...

Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a ...

Oil gains of up to 14 per cent were largest intraday move since 2022 Iran’s nuclear facility in Natanz damaged in Israeli ...