Iran's top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, after parliament reportedly backed the measure in response to U.S. strikes on ...

SINGAPORE] When the major markets reopen on Monday (Jun 23), investors in Asia and other parts of the world will be bracing ...

Oil prices are expected to rise even higher in the coming week, as a result of the US attack on Iran’s nuclear sites. It is ...

As U.S. airstrikes target Iranian nuclear sites, Tehran’s threat to close the Strait of Hormuz—a vital artery for global ...

The United States' unilateral strikes targeting Iranian nuclear facilities at Fordow, Natanz and Isfahan constitute a reckless escalation and a flagrant violation of international law. This direct ...

The East African Development Bank (EADB) has signed a $40 million (approximately Sh105.7 billion) loan agreement with the ...

LONDON (Reuters) -Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked ...

As multiple wars threaten the international flow of oil, Western leaders should abandon their green energy delusions and tap their own natural resources.

If the Iranian leadership believes its survival is at stake, it could attack Gulf energy infrastructure and oil tanker ...

OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...

OPEC expert estimates served as a basis to a significant degree when determining the strategy of Russia’s development and the energy sector development strategy, the Russian president added ...