India says to push ahead with Russian oil imports

Washington temporarily eased economic sanctions against Russia on Thursday to allow Russian oil stranded at sea to be sold to India
2 hour(s) ago

US customs agency expects tariff refund system to be ready in 45 days

The declaration came just before government ‌lawyers met with a federal trade judge to try to hammer out a broad settlement process
3 hour(s) ago

Oil prices surge as Mideast war rages, stocks fall on US jobs

Brent North Sea crude, surged to $92.69 per barrel, up 8.5 percent for the day
3 hour(s) ago

Iran's Guards challenges Trump to have US Navy escort oil tankers in Strait of Hormuz

The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz ⁠if necessary, Trump said on Tuesday
5 hour(s) ago

Rising US fuel prices risk sparking domestic wildfire for Trump

The price hike comes at a politically sensitive time for President Donald Trump as midterm elections approach, hitting voters hard.
6 hour(s) ago

China tells oil refiners to suspend exports: Bloomberg report

The Middle East was the source of 57 percent of China's direct seaborne crude imports in 2025
5 March 2026, 13:45 PM

Gold edges higher on safe-haven demand as Middle East conflict intensifies

Spot gold was up 0.4 percent at $5,153.11 per ounce, as of 0638 GMT
5 March 2026, 13:26 PM

US judge orders halt in assessing Trump's global tariffs

The ruling comes after the Supreme Court blocked a swath of Trump's duties last month -- dealing a major blow to his trade agenda
5 March 2026, 12:00 PM

Global economic resilience 'tested yet again' by Mideast war: IMF chief

The conflict in the resource-rich region has sent global oil prices soaring, and markets have been thrown into turmoil
5 March 2026, 10:18 AM

Oil prices rise as Iran conflict widens

Brent crude was trading up $1.67, or 2.05%, at $83.07 per barrel
5 March 2026, 10:14 AM

US strike on Iran 'ahead of game plan' but global markets rattled, energy prices soar

Despite initial US hope for a swift and decisive ouster of Tehran's clerical leadership, Iran kept up retaliatory strikes against Israel and ‌around the Gulf
4 March 2026, 13:53 PM

Oil prices rise 1% as Iran crisis disrupts Middle East supply

Brent rose $1.17, or 1.4%, to $82.57 a barrel by 0408 GMT
4 March 2026, 11:04 AM

Global oil, gas shipping costs surge as Iran vows to close Strait of Hormuz

Shipping through the Strait of Hormuz between Iran and Oman has ground to a near halt after vessels in the area were hit
3 March 2026, 13:31 PM

Oil extends gains and stocks drop as Iran conflict spreads

Market moves have been comparatively mild amid hopes that the crisis will be short-lived
3 March 2026, 11:39 AM

Marine insurers cancel war risk cover, tanker costs to rise as Iran conflict intensifies

Companies including Gard, Skuld, NorthStandard, the London P&I Club and the American Club said their cancellations would take effect from March 5
3 March 2026, 09:54 AM

BATBC announces decade-low dividend of 30%

The multinational cigarette producer blamed it on a plunge in profit in 2025
2 March 2026, 20:12 PM

European gas prices surge over 20% on Iran conflict

Despite the surge, the price was below the level it reached in January
2 March 2026, 14:32 PM

Iran war shakes up global shipping routes

The grounding of ships around the Gulf and the paralysis of the Strait of Hormuz represent a significant upheaval for a wide range of sectors
2 March 2026, 14:10 PM

Dire straits for global oil trade

Much of the oil flows to Asia, and particularly China which was the main buyer of Iranian crude
2 March 2026, 11:43 AM

Iran-US conflict: Bangladesh in close contact with vessel at UAE port

Only one out of seven vessels owned by the Bangladesh Shipping Corporation is now in the Gulf region
1 March 2026, 20:12 PM