Plans for record emergency oil release signal Middle East war could drag on for months

The degree to which the IEA acted is being interpreted that the conflict could continue for many weeks, said analysts.

Sea drones target oil tankers in the Middle East as conflict risks widen

By Cassell Bryan-Low LONDON, March 11 (Reuters) - Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., Israel and Iran, according to maritime authorities and analysts,

Middle East war live: Germany’s Merz hits out at ‘wrong’ US decision to ease Russia oil sanctions

The US said it would allow countries to buy Russian oil stranded at sea in an effort to keep a lid on rising energy prices. A US refuelling aircraft went down after an incident in

Oil supertanker rates hit all-time high as insurers drop war risk protection in the Middle East

The cost of hauling crude oil from the Middle East to China rose more than 94% to hit a record high of $423,736 per day on Monday.

A top-2% fund manager shares where he'll be looking for opportunities as Middle East turmoil threatens tech

Rising oil prices — and their potential impact on inflation — are front and center for markets, but the Iran war could soon hit tech.

Middle East war live: Oil pushes above $100 as Strait of Hormuz crisis intensifies

The yields on the 10-year gilt climbed 0.09 percentage points to 4.77 per cent while the yield on 10-year Bunds rose 0.01 percentage points to 2.94 per cent, a two-and-a-half-year high. Yields move inversely to prices.

Bangladesh seeks US waiver to buy Russian oil amid Middle East crisis

Bangladesh has requested permission from the United States to purchase oil from Russia in an attempt to address an energy supply crunch triggered by the Middle East crisis, a senior minister said on

There’s a commodity even more vital than oil and gas in the Middle East — and it’s at risk as war heats up

The petrostates of the Gulf are famed for their vast oil and gas resources, but their populations and prosperity have also been built on another commodity: water.
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US grants 30-day waiver to buy Russian oil amid Middle East conflict

Washington: The United States has announced a 30-day waiver allowing countries to purchase approved Russian crude oil and petroleum products that are currently stuck at sea, amid the escalating conflict in the Middle East.

Energy secretary: ‘You will see a surge of investment’ in Middle East after Iran regime ‘defanged’

Energy Secretary Chris Wright on Wednesday said there will be a “surge of investment” in the Middle East after the Iranian regime is “defanged.” Wright has been a frequent face on television this