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Easing fears of a potential Israeli attack on Iran's oil facilities have sent both oil and global prices sharply lower on Tuesday. However, volatility is likely...
Israel and Iran are fighting at a time when prices are under pressure because of weak demand in China and concerns about oversupply.
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.
The oil markets may continue to rally due to fears of major production disruptions in the Middle East if the conflicts evolve into a wider regional...
Senior ministers from Opec and its allies have kept to current plans to reduce production. Crude prices have spiked due to concerns over a potential major...
The biggest risk is a sustained increase in oil prices.
Iran has a number of sensitive sites, including oil infrastructure, military installations and nuclear facilities.
China has strategic reserves and alternatives like electric cars, should oil imports ever be interrupted.
Oil prices jumped on Thursday, after President Biden, when asked if he would support an Israeli strike on Iran’s oil facilities, said: “We’re discussing that. I...
A shadowy network of ships has registered in Gabon, highlighting how Vladimir V. Putin is building an economy beyond the reach of Western sanctions.
