Oil prices surged past $100 a barrel on Thursday as Iran-backed Houthi rebels targeted Red Sea shipping and threats by US ...

By Nidhi Verma NEW DELHI, July 23 (Reuters) - Traders have stopped offering discounts on Russian crude sold to India as ...

America and Saudi Arabia signed a deal to build a civilian nuclear programme in the Gulf state. The agreement, which Congress ...

Humza Hussain joined MoneyTalk to discuss why crude’s long-term value could be higher than before and why forecasting the ...

As Iran's attacks keep ship traffic through the Strait of Hormuz to a trickle and oil prices surge, Gulf states are planning to invest billions in pipeline alternatives.

The Houthis claimed to have attacked two ships in the Red Sea, and Iran said a third caught fire near the Strait of Hormuz.

The world’s largest exporter of crude oil stands to benefit from diversifying its energy sources — and freeing up more oil to ...

U.S. President Donald Trump promised on Thursday "major military punishment" for Iran and its Houthi allies, after the Yemeni ...

Main oil contract Brent North Sea surged toward US$100 a barrel on Thursday (Jul 23) as Tehran-backed Houthi rebels targeted ...

The conflict in the Middle East has deepened forecasts ​of a global oil deficit in 2026, according to a Reuters poll of analysts, but recovering Gulf flows, robust U.S. ‌production and weaker demand ...

Oil prices crossed $100 as Middle East tensions, Houthi attacks, and Red Sea shipping risks raised fears of global supply disruption and inflation.