Recent US intelligence reports indicate that Iran is unlikely to ease its chokehold on the Strait of Hormuz anytime soon. According to three sources familiar with the assessments, Tehran’s control o...
Global oil markets jolted sharply on Thursday after Donald Trump signaled that the United States would continue its military operations against Iran, without offering a clear timeline for when the con...
The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation could become more ser...
Countries across Asia are dusting off strategies from the Covid-19 era, including work-from-home policies and targeted stimulus measures, as they face rising fuel shortages triggered by the ongoing Ir...
Iran’s Foreign Minister Abbas Araghchi declared today that his country is prepared to continue fighting for as long as necessary, casting doubt on US President Donald Trump’s prediction that the G...
In a move aimed at stabilising global oil markets, the United States has encouraged India to purchase Russian crude already floating at sea and redirect it to Indian refineries. Energy Secretary Chris...
The United States has confirmed it will avoid targeting Iran’s energy infrastructure despite tensions in the region and rising global oil prices, Energy Secretary Chris Wright stated yesterday. Spea...
