Meanwhile, the hit on the Fajr-e Jam Gas Refinery, in Bushehr province, threatens to disrupt Iran’s domestic electricity and fuel supplies, particularly for the southern and central provinces, which ...

Entering the meeting, markets are pricing two interest rate cuts from the Fed in 2025, in line with the central bank's median dot plot projection from March. But since then, there have been ...

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

The Israeli military warns Iranians to evacuate arms factories, signaling what could be a further widening of the campaign.

The local sharemarket is set to follow Wall Street lower on Monday as investors brace for wild swings in oil prices amid ...

Following Iran’s recent attack, missile strikes reportedly hit an oil refinery in Haifa, Israel. Magen David Adom has found ...

After a night of intense cross-border attacks, Iran has threatened any country that attempts to defend Israel | ITV National ...

Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of a broad Middle East ...

The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies. Read more at The Business Times.

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