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Oil price rises above 95 mark as Middle East conflict escalates Oil markets have tightened again as the price of Brent crude moved above $95 a barrel, returning to a level not seen for six weeks and reflecting fresh…
A new study finds that consumers who are paying a premium for foods advertised as made with avocado oil are probably not getting what they think they're
Oil prices climbed sharply on Thursday after reports that an Iranian parliamentary committee is reviewing a proposal that could restrict US and Israeli vessels from the Strait of Hormuz. The move added fresh supply-risk…
U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.
Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.
Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.
Yemen’s oil wealth could ease a severe economic squeeze if exports resume, yet persistent security risks still cloud the country’s path back to
Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…
Oil price slides as us and iran pause fire cancer treatments were among the day’s key business themes in The Guardian Business live coverage, with markets reacting quickly to signs that the latest Middle East flare-up…
Oil prices rose on Friday after US President Donald Trump warned that countries trading with Iran could face additional economic sanctions, adding a fresh layer of uncertainty to already tense global energy markets…
With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil
Oil has climbed above $100 for the first time since May after a fifth straight day of gains, as reports of Red Sea attacks added fresh pressure to already tense
Asian markets rose as South Korea's chip-heavy Kospi jumped, while oil gains kept inflation and rate worries alive.
Argentina says it will file criminal charges against Navitas Petroleum and company executives over operations linked to oil exploration around the Falkland Islands, sharpening a sovereignty dispute that has sat at the…
The IMF commends Pakistan for effectively managing the oil crisis while calling for urgent reforms in the gas sector to address rising circular debt
Federal Reserve rate patience is facing a new test as oil prices, inflation expectations and mixed market signals overlap before the next policy meeting. It is the kind of update that people search for because it does…
Yemen’s Houthi movement says it targeted two Saudi oil tankers, following its recent announcement of a naval embargo on Saudi
Oil price nerves have returned for businesses that were hoping fuel costs would settle, with shipping risks and Middle East tension complicating planning again. It is the kind of update that people search for because it…
Poland's state-backed energy group Orlen is moving to diversify crude oil supplies as disruptions linked to Saudi oil flows push European refiners to look more widely across global markets. ## Orlen looks beyond Saudi…
Somali forces recover an oil tanker hijacked in April, carrying a Pakistani crew, as the families await news of casualties amid the rescue operation
Yemen’s Houthi movement has claimed an attack on oil tankers at a time when the United States is carrying out more strikes on Iran, adding to already high tensions across the wider region. The claim is notable because…
BP is winding down its corporate venture capital arm after nearly two decades, selling the majority of its portfolio — more than ten companies — to Nordic private equity firm Verdane in a deal the companies expect to…
Venezuela has signed energy agreements with Chevron and Eni as Caracas seeks new investment, higher oil output and power-sector recovery.
The FAO Food Price Index edged higher in July as disruption and difficult weather lifted wheat, sugar and vegetable-oil quotations.