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

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

"These three variables: oil price, oil lifting, and gas lifting, are not only influenced by conditions in our country but are ...

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

Finance Minister Sri Mulyani Indrawati on Tuesday expressed concern over the potential impact of the ongoing hostilities ...

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

While the oil price in dollars has all but wiped out its decline for the year so far, the euro price of Brent crude is still ...

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

Indonesia braces for economic fallout as the Iran-Israel war pushes oil prices higher; Pertamina ramps up monitoring of ...

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

In early trade on June 16, the rupee fell 6 paise to 86.17 against the US dollar, reflecting the broader market’s reaction to ...

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 ...