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Oil prices surge as US rushes forces to the Middle East ahead of a possible attack by Iran
Oil prices are surging as Israel prepares for an attack from Iran after killing a Hamas leader in T…
Kelly Cloonan
The world could see a 1970s-style oil shock amid deepening conflict in the Middle East, 'Dr. Doom' Nouriel Roubini says
An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, R…
Jennifer Sor
Former Iranian official partly blames US sanctions for the helicopter crash that killed its president
Iranian President Ebrahim Raisi died in a helicopter crash in northwest Iran on Sunday. He was trav…
Mikhaila Friel
Houthis claim video shows one of its sea drones striking an oil tanker in the Red Sea
Yemen's Houthi rebel group shared a video of what it claimed was a sea drone striking an oil tanker…
Thibault Spirlet
US to release $6 billion of frozen Iranian oil revenue as part of prisoner release deal
Iran lost access to billions of dollars in funds after the Trump Administration abandoned the Iran …
Filip De Mott
China's need for oil has been calming down military conflicts worldwide, analyst says
"A big part of that is China standing behind the curtain and going, you know, can you please not in…
Filip De Mott
A new Iranian warship adds to the quiet naval buildup on the world's largest lake
Russia has used its Caspian Sea-based warships to demonstrate new weaponry, but it's not the only c…
Paul Iddon
Stock market today: Gold and oil spike and US futures drop after Iran comes under fire
Gold and oil prices jumped following Israel's apparent retaliation against Iran before paring gains…
Polly Thompson
Iran signs $6.5 billion gas contract with Russia, gas swap deal reportedly being finalized
Safari expressed hope that the remaining parts of the MoU would also turn into contracts withi…
US imposes sanctions on Indian company over alleged Iran oil deal
On Thursday, the Department said that the company "purchased millions of dollars worth" petroche…
Oil prices spike as markets fear escalation of Middle East conflict amid reports of Israel bracing for attack by Iran
"If push comes to shove between Israel and Iran, $100 or more is likely," Market veteran Ed Yardeni…
Yuheng Zhan
Ukraine hits at least 3 Russian oil refineries in one of the largest drone strikes in recent months
Ukraine launched one of its largest drone strike campaigns in recent months, targeting critical oil…
Lloyd Lee
Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says
Iran's attacks against Israel over the weekend could send Brent crude towards $100 a barrel, Ed Yar…
Filip De Mott
US Navy video shows a dozen Iranian fast-attack boats swarming an oil tanker in its latest maritime seizure
Wednesday's incident is the second time in less than a week than Iranian forces have seized an oil …
Jake Epstein
The Iranian armada of 'ghost' ships carrying Russian oil is growing, evading the intensifying Western sanctions on Moscow crude
Russia has been luring shipowners with premium rates to trade its oil, which is at least 50% above …
Zahra Tayeb
Russian oil is traveling to Asia on tankers that used to carry sanctioned Iranian crude, as 'dark' trading expands
Russia, Iran and Venezuela - economies all struggling under US sanctions - are increasingly competi…
Harry Robertson
Russian and Iranian energy giants reach $40 billion deal to develop oil and gas projects as Putin visits Tehran
The agreement comes on the same day Russian President Vladimir Putin visits Tehran to meet with Ira…
Brian Evans
The US is likely to turn a blind eye to sanctioned Iranian oil as it tries to lower gas prices, leading trader Vitol says
The Biden administration is scrambling to bring down sky-high gas prices by encouraging countries t…
Harry Robertson
The Red Sea attacks are throwing supply chains into chaos — but US oil exports appear to be benefiting from them
Oil buyers are choosing to not reroute ships from the Red Sea, but to buy from the US instead, acco…
Huileng Tan
The US is drawing up sanctions against companies that smuggle Iranian oil, according to a report
Iranian oil reportedly trades at a $10 a barrel discount to Brent crude, which has seen its price s…