Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...

US and Brent crude prices jumped on fears of supply disruption from the Middle East as Iran has repeatedly threatened to ...

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

Dated Brent surged to a two-month high of USD 75.19/b, marking the biggest single-day jump in oil prices in nearly five years, according to Platts, part of S&P Global Commodity Insights ...

A sharp rise in global oil prices following Israeli strikes on Iran will benefit Russia and bolster its military capabilities ...

Oil prices are leaping, and stocks are falling Friday on worries that Israel’s attack on Iranian nuclear and military targets ...

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Oil and gas revenues account for about 30% of Russia’s budget, critical for financing its military operations, and Moscow’s ...