The economic toll of the conflict on the US has reached $265 billion in the roughly eight months since the start of joint US and Israeli...
Russia has announced that it will ship 500,000 tonnes of diesel fuel to the global market under a partial lifting of its diesel export ban, enacted...
Five European countries have agreed to respond with “one voice” to mounting pressure from the US government to release their oil reserves. Three European officials told...
Republican backing from US President Donald Trump’s own party for the war he is waging against Iran is declining swiftly. According to a CNN/SSRS poll published...
The Trump administration is seeking to reopen closed oil refineries across the country—including a troubled facility in the Virgin Islands—in response to rising gasoline prices driven...
The German automotive sector is facing an unprecedented level of restructuring pressure. As Chinese manufacturers establish dominance in the domestic market for electric and hybrid vehicles,...
US President Donald Trump has formally notified lawmakers that the country is back at war with Iran, according to an official notification sent to Congress over...
Russian Deputy Prime Minister Alexander Novak reported to President Vladimir Putin during a meeting with government members that while the cabinet has partially stabilized the domestic...
A prolonged disruption in energy supplies resulting from conflict in Iran would deal a severe blow to the global economy, according to a new economic outlook...
The global oil market is facing a high-scale supply shock, with rising fuel prices continuing to impact drivers at the pump on a daily basis. In...