Abuja’s fragile economy is bracing for another wave of inflationary strain following a sharp increase in petrol prices at retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL ...

With 20% of global LNG flowing through the Strait of Hormuz, even threats of disruption have raised EU gas prices by 20%.

Oil prices climbed nearly 2% Wednesday, rebounding from a steep early-week decline as U.S. inventory data pointed to robust ...

A sustained jump in oil prices would have posed quite a dilemma for the Reserve Bank. Generally a shock that adds to ...

Wars cause human misery, but investors mostly care about the Middle East because of oil.

In a move that has surprised many market watchers, crude prices have declined sharply this week — including a 7% rout on ...

Oil plunged for the second straight day as US President Donald Trump signaled he wants to keep oil flowing out of Iran after brokering a fragile ceasefire between Tehran and Israel.Most Read from ...

Geopolitical tensions drive oil prices higher, boosting energy equities like BGR. Discover how stagflation risks impact ...

BAKU, Azerbaijan, June 24. As tensions escalate in the Middle East, Iran’s threat to block the Strait of Hormuz is sending ...

Explore the factors affecting gas prices as military actions in Iran lead to rising concerns over fuel costs this summer.