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2 mins read

Stocks tumble, oil spikes as Mideast tensions flare

Investors moved out of equities as conflict escalated between Israel and Iran. Traders piled into s…

Filip De Mott   


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4 mins read

2 of the world's biggest oil producers are looking for new ways to power their economies

The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.

Huileng Tan   


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2 mins read

Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says

If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's B…

Filip De Mott   


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Former Iranian official partly blames US sanctions for the helicopter crash that killed its president

Iranian President Ebrahim Raisi died in a helicopter crash in northwest Iran on Sunday. He was trav…

Mikhaila Friel   


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1 min read

Oil prices surge as US rushes forces to the Middle East ahead of a possible attack by Iran

Oil prices are surging as Israel prepares for an attack from Iran after killing a Hamas leader in T…

Kelly Cloonan   


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1 min read

US to release $6 billion of frozen Iranian oil revenue as part of prisoner release deal

Iran lost access to billions of dollars in funds after the Trump Administration abandoned the Iran …

Filip De Mott   


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2 mins read

The world could see a 1970s-style oil shock amid deepening conflict in the Middle East, 'Dr. Doom' Nouriel Roubini says

An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, R…

Jennifer Sor   


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2 mins read

Houthis claim video shows one of its sea drones striking an oil tanker in the Red Sea

Yemen's Houthi rebel group shared a video of what it claimed was a sea drone striking an oil tanker…

Thibault Spirlet   


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1 min read

Iran signs $6.5 billion gas contract with Russia, gas swap deal reportedly being finalized

Safari expressed hope that the remaining parts of the MoU would also turn into contracts withi…

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2 mins read

US imposes sanctions on Indian company over alleged Iran oil deal

On Thursday, the Department said that the company "purchased millions of dollars worth" petroche…

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3 mins read

A new Iranian warship adds to the quiet naval buildup on the world's largest lake

Russia has used its Caspian Sea-based warships to demonstrate new weaponry, but it's not the only c…

Paul Iddon   


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1 min read

China's need for oil has been calming down military conflicts worldwide, analyst says

"A big part of that is China standing behind the curtain and going, you know, can you please not in…

Filip De Mott   


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2 mins read

US Navy video shows a dozen Iranian fast-attack boats swarming an oil tanker in its latest maritime seizure

Wednesday's incident is the second time in less than a week than Iranian forces have seized an oil …

Jake Epstein   


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2 mins read

The Iranian armada of 'ghost' ships carrying Russian oil is growing, evading the intensifying Western sanctions on Moscow crude

Russia has been luring shipowners with premium rates to trade its oil, which is at least 50% above …

Zahra Tayeb   


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1 min read

Stock market today: Gold and oil spike and US futures drop after Iran comes under fire

Gold and oil prices jumped following Israel's apparent retaliation against Iran before paring gains…

Polly Thompson   


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2 mins read

Russian oil is traveling to Asia on tankers that used to carry sanctioned Iranian crude, as 'dark' trading expands

Russia, Iran and Venezuela - economies all struggling under US sanctions - are increasingly competi…

Harry Robertson   


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2 mins read

Oil prices spike as markets fear escalation of Middle East conflict amid reports of Israel bracing for attack by Iran

"If push comes to shove between Israel and Iran, $100 or more is likely," Market veteran Ed Yardeni…

Yuheng Zhan   


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1 min read

Ukraine hits at least 3 Russian oil refineries in one of the largest drone strikes in recent months

Ukraine launched one of its largest drone strike campaigns in recent months, targeting critical oil…

Lloyd Lee   


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1 min read

Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says

Iran's attacks against Israel over the weekend could send Brent crude towards $100 a barrel, Ed Yar…

Filip De Mott   


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1 min read

Russian and Iranian energy giants reach $40 billion deal to develop oil and gas projects as Putin visits Tehran

The agreement comes on the same day Russian President Vladimir Putin visits Tehran to meet with Ira…

Brian Evans