oil prices

72 Articles
Economy

ECB Officials Warn Peace Deal With Iran Won’t Prevent Further Rate Hikes

A potential peace agreement between the United States and Iran may bring diplomatic relief, but European Central Bank officials are making clear it...

EconomyWorld

European Markets Tumble as Oil Surge and Rate Hike Expectations Rattle Investors

European stock markets retreated sharply on Wednesday as oil prices surged in response to escalating tensions in the Middle East, casting a shadow...

World

Trump Plans Gasoline Tax Suspension As Fuel Prices Surge Amid Iran War

United States President Donald Trump has announced plans to suspend the federal gasoline tax in response to rising energy costs linked to the...

World

US Awaits Iran Response as War Talks Progress and Markets Rally

The United States has said it is waiting for Iran’s response to a new proposed deal aimed at ending ongoing hostilities in the...

World

Tehran Activates Air Defences as US Iran War Standoff Deepens

Air defence systems in Tehran were activated late Thursday to intercept drones and small aircraft, as tensions between Iran and the United States...

World

Trump Says Iran Naval Blockade Could Last Months as Oil Prices Surge

Donald Trump has said that a United States naval blockade targeting Iran could last for months, warning of sustained pressure on Tehran as...

World

White House Reviews Iran Proposal as Hormuz Crisis and War Fallout Persist

The White House said Monday it is reviewing a new proposal from Iran aimed at reopening the Strait of Hormuz, a critical global...

World

Oil Prices Drop as Middle East Talks Resume, Tech Stocks Lift Nasdaq

Global oil prices declined on Friday amid renewed hopes of easing tensions in the Middle East, while equities delivered mixed performances, with technology...

World

Tensions Rise as Iran Refuses to Reopen Strait of Hormuz Amid US Blockade

Tensions in the Middle East have escalated as Iran reaffirmed its decision not to reopen the Strait of Hormuz while a naval blockade...

Economy

Nigeria, Oil Firms Record $4bn Windfall as Global Crude Prices Surge Amid Conflict

Nigeria and oil companies operating in the country have reportedly earned an estimated 4 billion dollars in additional revenue following a sharp rise...