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
56 MIN(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
1 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
1 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
3 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.
5 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