The International Energy Agency said the closure of the Strait of Hormuz has triggered the largest disruption to global oil ...

Global energy markets plunged into crisis after the Iran war sent oil prices surging and raised fears that supplies from the ...

March 13 () - The International Energy Agency said the closure of the Strait of Hormuz has triggered the largest disruption ...

Rolling coverage of the latest economic and financial news ...

Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.

A historic disruption to the world’s oil production sent crude prices smashing through the $100 barrier Monday for the first time in nearly four years.

COVID, post-strikes production slowdown weren’t enough, Hollywood is now facing another significant threat: higher fuel costs, due to the worsening conflict with Iran and uncertainty over the Strait ...

The $5 billion project in the Gulf of Mexico is expected to help produce up to 10 billion barrels of oil by the end of this decade. Critics say it could endanger people and marine life.

Historical analysis shows that when oil prices double rapidly, the S&P 500 typically suffers significant declines over the ...

Eni expects its oil and gas production to grow by between 3% and 4% per annum through 2030, underpinned by a project portfolio that chief executive Claudio Descalzi described as t ...

The last three oil shocks followed a surprisingly consistent pattern. Here's what they say about where the S&P 500 goes from ...

Oil prices have surged more than 17% since the International Energy Agency announced the largest release of crude stockpiles in its 50-year history.