The shutdowns may extend to about two-thirds of Iraq’s total crude oil production in the coming days if the Strait of Hormuz remains effectively out of bounds.

The oil-market's worst fears have been realised this week after Hormuz all-but closed to shipping because of the Iran war ...

For Iraq, the ship shortage is now backing up output. The country has begun closing both the Rumaila field, the nation’s ...

European stocks fell Tuesday, extending Monday's losses, as investors assess the latest exchanges of fire in the Middle East. On the fourth day of the conflict, Israel struck targets in Tehran and in ...

The reason to watch oil prices more closely than the other markets is that the oil market is generally limited to the largest and most sophisticated institutional investors and industry players. This ...

At least 780 people have been killed by US and Israeli bombing across Iran, the semi-official Tasnim news agency reported, citing the Iranian Red Crescent. A drone that attacked the grounds of the US ...

Chancellor of the Exchequer Rachel Reeves said the UK should not compromise its principles to secure more favorable trading terms with the US, defending the government’s decision not to support the ...

Understanding one of the world's oldest civilizations can't be achieved through a single film or book. But recent works of ...

The offer comes “after nearly 60 formal meetings and hundreds of hours of exchanges over a two-month period,” according to BP.

UK supermajor had originally sought $1 billion over Calcasieu Pass fight, according to US LNG exporter’s filings ...

As the conflict in the Middle East continues, many Brits are rushing to fill up their cars for fear of petrol price hikes.

Drivers across the UK are being urged to "fill up now" as the conflict between Iran, the US and Israel continues. This comes ...