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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…
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…
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 prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.
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 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…
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…
Iran has warned that US-linked energy interests across the Gulf could be vulnerable if attacks on Iranian assets continue, deepening concern over shipping, oil supplies and the fragile security balance around the Strait…
Britain’s gas system is moving back to the centre of the policy debate after an official assessment warned that the country could face supply problems in the 2030s unless ministers act more aggressively to protect the…
With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil
Asian markets rose as South Korea's chip-heavy Kospi jumped, while oil gains kept inflation and rate worries alive.
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.
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
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
The FAO Food Price Index edged higher in July as disruption and difficult weather lifted wheat, sugar and vegetable-oil quotations.
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…
Crude has returned to the $100 mark for the first time since May, as traders weigh escalating conflict risks spanning the Persian Gulf and the Red Sea.
The Strait of Hormuz crisis is becoming an economic warning for Pakistan as fuel imports, LNG supplies, freight costs and inflation risks converge.
ExxonMobil and Chevron reported combined second-quarter profits of $26.5 billion as conflict-driven oil prices lifted producer earnings and increased costs for motorists.
Saudi Arabia temporarily halted operations on its East-West oil pipeline after reported drone strikes against parts of the route, adding a new layer of concern to regional energy security at a time when shipping routes…
Brent crude has surged to $100 a barrel as escalating military action in the Middle East and tanker attacks in the Red Sea trigger fresh concerns over global energy supply stability
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…
Pakistan has taken a long-awaited step toward reshaping its downstream energy sector by approving the Brownfield Refining Policy, a move that is meant to modernise the country’s petroleum refineries after years of…