Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

This surge reflects the market's concerns regarding the disruption of oil supplies from the Persian Gulf region. The Strait ...

The scale of any energy price rises, and the wider impact, will depend on the magnitude of what comes next in the conflict ...

The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.

In its latest June Global Economic Forecast, S&P Global warns that any disruption to oil flows from the Gulf—such as a ...

The Bank of England has voted to hold interest rates at 4.25 per cent, as they attempt to balance higher inflation and the ...

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

As tensions in the Middle East escalate to a dangerous new chapter, concerns are arising as to how developments could affect ...

The ongoing Israel-Iran conflict could trigger global instability, spike oil prices, disrupt trade routes, increase inflation ...

Malacañang on Thursday said the ongoing conflict between Israel and Iran would not affect the remittances of overseas ...

Keir Starmer said alongside the human toll of the Middle East clashes the impact of rising oil prices should not be ...

Rachel Reeves admitted a 10 per cent spike in oil and gas costs and threats by Tehran to close the Straits of Hormuz was a ...