The Strait of Hormuz is one of the world’s most critical maritime chokepoints, through which around 20 per cent of global oil ...

Fed officials have largely expected that Trump's trade policies will have a stagflationary effect on the U.S. economy, ...

The Middle East is bracing for another protracted conflict after Israel's surprise bombardment on Friday of Iranian nuclear ...

Gulf carriers are confronting escalating operational costs as the Israel-Iran conflict disrupts regional air travel and ...

The blow to oil markets this past week is bringing bad news for South African motorists in July, with mid-month data pointing to under-recoveries for petrol and diesel prices.

Oil demand will peak at 105.6 million barrels per day (bpd) by 2029 and then fall slightly in 2030, a table in the Paris-based IEA’s annual report shows. At the same time, global production capacity ...

Turkish President Recep Tayyip Erdogan ordered officials to increase the production of medium and long-range missiles in ...