Browsing: Oil

An oil price rise driven by the escalating US-Iran war is set to increase pressure on airfares, petrol and diesel,…

A new attack on a ship in the Strait of Hormuz has raised fears over oil supplies as the war…

Saudi Arabia has shut down a major oil pipeline after it was attacked by drones from Iraq, raising fears of…

Houthi forces have seized territory along the Red Sea coast as the shutdown of a Saudi pipeline adds to concerns…

Saudi Arabia has shut a key oil pipeline following a drone attack by the Houthis, Reuters has reported. The closure…

Houthi forces have seized the strategic Yemeni island of Perim in the Bab el-Mandeb Strait, while a drone attack from…

Saudi Arabia has shut its 1,200km East-West oil pipeline after multiple attacks launched from Iraqi territory struck facilities in the…

A rare diplomatic meeting between Iran and the Gulf states has raised hopes of a deal to reopen the Strait…

Oil prices have climbed above $105 a barrel, with Brent crude trading at $105.82 on Friday, September 11, 2026. The…

Global bond markets came under renewed pressure on Friday as a sharp rise in oil prices intensified fears that central…