For years, Saudi Arabia's strategic answer to any disruption in the Strait of Hormuz has been remarkably straightforward. If volumes via the Persian Gulf were t

Sharp increase in energy prices means next week’s US central bank meeting is ‘live’, investors say

Tariffs are back, but this time there is a war in the Persian Gulf and oil has hit $100 a barrel.

Oil prices, however, eased on Friday amid hopes that Pakistan could help mediate talks between the U.S. and Iran.

TD Securities sees bullion sliding to $3,900 support as rate swaps price one-in-three odds of a Fed hike as soon as next week.

Crude oil prices were on course for a sizable weekly gain today, as the Strait of Hormuz remains almost entirely paralysed and the Yemeni Houthis target tankers

Chinese refiners have bought up all crude oil cargoes set to load from Russia’s Far East port of Kozmino in August weeks earlier than usual, traders with knowle

September WTI crude oil futures were trading at $92.31 late Thursday, up $10.54 or 12.89% for the week. The contract posted a weekly low at $79.58 before climbi

At least one oil tanker carrying Saudi crude oil has transited the Bab al-Mandeb Strait with its transponder switched off as risks to vessels in the Red Sea spi

Only one oil tanker transited the Strait of Hormuz on Thursday, the lowest number of crossings since May 7, as war risks spiked this week to hike crude oil pric

BTC held just under $65,000 and crypto broadly rose on Friday even as Brent crude surged to $97.66, its highest since May, as the Iran conflict persists and tra

European and U.S. crude oil both jumped, hitting their highest levels in weeks.

Crude oil prices are back over $100 per barrel as the war in Iran escalates. This comes as the U.S. continues to deplete its Strategic Petroleum Reserve to 40-y

Middle East tensions have risen after Red Sea attacks by Houthi militants threatened to squeeze global supplies further

The S&P 500 tumbled more than 1 percent, while the tech-heavy Nasdaq Composite sank more than 2 percent.

As renewed fighting with Iran sends oil and gas prices soaring, President Trump has imposed new global tariffs that could push up prices further.

Stocks in Asia were down following a sell-off in the U.S. markets over soaring oil prices, rising borrowing costs and worries about the technology industry.

This is the first rise in core inflation since March, and was in line with the1.6% growth expected by economists polled by Reuters.

The update comes as Ukrainian President Volodymyr Zelenskyy welcomed strikes on a key missile components facility in the Russian city of Kirov.

Markets took a brutal hit Thursday as oil prices, surging interest rates, and Middle East tensions sent every major index deep into the red. See which stocks an