KUALA LUMPUR (Reuters) -Global energy executives gathered in the Malaysian capital on Monday for an industry conference with an eye on the dramatic escalation in the conflict between Israel and Iran, ...
Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle Eastern ...
Immediately after Israel attacked Iran earlier this month, crude oil prices spiked up — exactly like you'd expect with a war that threatens oil supplies. The price increase was substantial: 7% within ...
While Middle East tensions are driving near-term market volatility, this focus is likely to be temporary as attention soon returns to major July and August policy decisions. The price of oil serves as ...
Israeli airstrikes in Lebanon this week have killed about 550 people. Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the potential ...
The Middle East’s Dubai oil benchmark is showing signs of worsening oversupply, adding to a slew of indicators pointing to a ...
Escalating tensions between Iran and Israel have reignited concerns about global energy and input flows through the Middle East, placing renewed geopolitical stress on one of the world’s most critical ...
The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand, adding to signs of a softening global picture that’s weighed on benchmark crude ...
In a bold move to block Iran’s access to money that funds violence in the Middle East, the United States has placed powerful new sanctions on a hidden oil smuggling network. This operation is believed ...
Oil rallied almost 3% on Tuesday morning as tensions in the Middle East continue to escalate. Will Israel Strike Iran’s Upstream Infrastructure? - As the Israel-Iran war shows no signs of abating, ...
The region's cohesiveness has always developed organically - not by oil, war or empire, but by their collateral effects of ...