Average monthly crude oil prices dropped to below $65 per barrel in May 2025, one of the lowest since April 2021. Following an 8.1% increase in January 2025, WTI prices declined for three consecutive…
Turkey welcomed an agreement reached with its counterparts on Tuesday that allows the continuation of a new regulation requiring crude oil tankers to present an insurance confirmation letter before…
Saudi Aramco (2222.SE) said on Thursday it plans to invest in a $7 billion project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's (010950.KS) refining complex in…
Oil rose on Friday supported by real and threatened cuts to supply, although crude was set for a second weekly decline as aggressive interest rate hikes and China's COVID-19 curbs weighed on the…
Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar.
Brent crude futures for October settlement fell 34…
Netanyahu did not realise his goal of ending Iran's nuclear programme and regime change, and Iran stood alone in its war with Israel, as global and regional allies left it to fend for itself
For decades, Iran's supreme leader—first Khomeini, then Khamenei—pursued a strategy of backing regional militias to fight Israel, but with the 'resistance axis' in tatters, Iran is left to fight alone