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Oil prices fell and Asian stocks climbed on Monday over hopes a deal between the United States and Iran to open the Strait of Hormuz could be brokered. The...
Stocks surged on Monday while the U.S. dollar and oil prices slid as the prospect of a deal to end the Iran war buoyed risk appetite, although a lack...
Most Asian shares were lower in morning trade on Monday, extending slides in global markets, as the impasse in the Middle East drove oil prices more than two percent...
BRICS nations, including Iran and Russia, met in New Delhi on Thursday, where India warned of 'considerable flux' in a world hit by conflict, economic uncertainty and energy insecurity....
The Organization of Arab Petroleum Exporting Countries (OAPEC) on Sunday announced that the UAE had officially withdrawn from the alliance that did not set a production policy for its...
The world has lost over $50 billion worth of crude oil that has not been produced since the Iran war began nearly 50 days ago and the aftershock of...
The price of physical crude oil cargoes for prompt delivery to Europe hit a record high near $150 a barrel on Monday and those for Africa hit new peaks,...
Oil tankers are steering clear of the Strait of Hormuz ahead of a US blockade later on Monday following failed peace talks between the US and Iran over the...
Oil prices climbed above $100 a barrel on Monday as the US Navy prepared to block ships to and from Iran via the Strait of Hormuz, a move that...
Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy and Chairman of KAPSARC’s Board of Trustees, alongside Prince Bader bin Abdullah bin Farhan Al Saud, Minister of...
