A sudden spike in oil prices, triggered by the conflict between Israel and Iran, has prompted European Union (EU) leaders to reconsider their plans to lower...
According to Citigroup, the closure of the Strait of Hormuz could cause Brent crude oil prices to soar to as high as $90 per barrel. However,...
Russian oil falling below the $60 per barrel price cap and the absence of new restrictive measures from the US have somewhat eased concerns among major...