Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June, the highest in the last two years and more than the total bought from Saudi Arabia, Kuwait, and the UAE ...

A US attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil ...

Events in the Middle East tend to favor the bond market and the U.S. dollar, resulting in lower mortgage rates, but this year ...

Economists are particularly concerned about the potential inflationary impact of rising oil prices, which could dampen ...

The mere threat of blocking the strait is enough to raise oil prices. So far, prices have gone up by 10 percent, reflecting a surge in the geopolitical risk premium tied to the strait’s strategic ...

The local stock market is likely to continue its sideways movement this week as cautious investor sentiment is expected to ...

So far, Iranian oil export infrastructure doesn’t appear to have been majorly hit by Israel, which is a relief for the energy ...

Following Donald Trump’s decision to join the Iran-Israel conflict, lawmakers in Tehran have voted to respond by cutting off ...

Agence France Press reported that 'massive' explosions were heard in Bushehr province, home to nuclear reactor.

US President Donald Trump’s decision to strike Iran’s nuclear facilities puts the Middle East in a volatile position, with ...

Iran has vowed “everlasting consequences,” with speculation rife about possible counterattacks on U.S. bases or Israeli ...

The market impact of President Donald Trump’s military strikes on Iranian nuclear facilities is already beginning to reshape investor ...