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 ...

Dubai: Global growth forecasts for 2025 and 2026 have been revised higher by S&P Global Market Intelligence, thanks to easing ...

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 ...

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.

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

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

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

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

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 ...