This stark juxtaposition of geopolitical tensions and internal OPEC+ dynamics underscores the complex forces at play in the ...

President Joe Biden's remarks about a possible Israeli strike on Iran's oil facilities caused a jolt Thursday. But the ...

OPEC has spare oil capacity to offset Iranian supply loss, but conflict escalation could impact global oil prices.

U.S. jet fuel demand has fully recovered to pre-COVID levels, averaging 1.852 million barrels per day, surpassing its July ...

Oil is the dog that has not barked since the Middle East blew up. If Iran had launched a full-blown missile strike at Israel ...

Experts suggest that any sharp rise in crude oil prices above USD 80 per barrel is likely only if the conflict escalates and ...

Israel has vowed to retaliate against Iran for its barrage of missiles on Tuesday. The uncertainty of what that would look ...

The effects of Middle East turmoil are small so far, but could spike if Israel targets Iran’s oil facilities, Patti Domm ...

Saudi foreign minister tells Iran's president that Riyadh seeks to 'permanently end' rift with Tehran as conflict with Israel ...

Saudi Arabia runs on two fluids - water and oil. Oil is considered by many to be the country's most important natural resource. However, for the Saudis themselves, water is becoming increasingly ...

Gulf Arab nations reassured Iran of their neutrality in its conflict with Israel during meetings in Doha, emphasising ...