Geopolitical tensions between Israel and Iran impact global oil markets, hindering Indian OMCs from reducing fuel prices.

Kuwait continues to be one of the best performing markets in the GCC on a year-to-date basis in 2024, only behind Dubai. GCC ...

Whatever happens, oil prices look set to be nearer $50 a barrel than $100 for the foreseeable future. Only an all-out war in the Middle East can change that outlook.

So quiet was the inheritance from the prior Trump administration that nearly three years later, on Sept. 29, 2023 — and just ...

A blockade of the Strait of Hormuz would be particularly alarming for India since it’s the route it uses to get oil from Iraq ...

The world's largest oil exporter Saudi Arabia says that it is staying neutral and on the sidelines when it comes to the ratcheting wars in Lebanon, Gaza, and Yemen - and the Iran vs. Israel showdown.

Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch ...

Oil prices have been falling. A war in the Middle East has started to change that. If the war widens, oil prices could jump ...

OPEC+ - comprised of the Organization of the Petroleum Exporting Countries and its allies - was already preparing to lift output in less than two months. The group has plans to gradually faze out ...

Saudi Arabia's ambitions of hosting the 2034 World Cup have been given a huge boost by FIFA after the organisation reportedly ...

Iran is under suspicion of trying to hack figures associated with the upcoming U.S. presidential election and plotting the ...