Oil prices

Politics

Iran Fires Missiles at UAE as US Bombing Campaign Targets Iranian Oil Infrastructure

Editorial Team - March 15, 2026

A barrage of Iranian ballistic missiles struck the United Arab Emirates on Saturday, setting off fires at Fujairah's key oil facilities and forcing a partial shutdown of loading operations at one of the world's busiest ship-refuelling ports. The assault...

Nation

Iran Conflict Could Raise Fuel Costs for European Drivers by €220 a Year

Editorial Team - March 13, 2026

European drivers could pay about €220 more per year for fuel as oil prices surge due to tensions linked to the conflict involving Iran, analysts have warned. Experts say if oil prices remain around $100 per barrel, motorists across the...

World

Trump Signals End to Iran “Excursion” as New Leader Takes Power in Tehran

Editorial Team - March 10, 2026

In a recent update to Republican leaders, President Donald Trump characterized the war in Iran as a successful but brief mission that is now largely finished. Trump used the term "excursion" to describe the joint strikes with Israel, promising...

Business

Oil Hits 14-Month High as Strait of Hormuz Faces Unprecedented Blockade

Editorial Team - March 5, 2026

Global oil markets were thrown into disarray on Monday as the Strait of Hormuz — one of the world's most critical shipping lanes — faced effective closure following intensified military conflict in the Middle East. Brent crude surged by...

Business

Oil Prices Climb as Mideast Truce Remains in Doubt

Editorial Team - June 25, 2025

Oil prices climbed after an initial sharp fall, as the declared Mideast truce between Israel and Iran continued to remain in doubt. Brent crude, the international benchmark, demonstrated the market's immediate reaction to evolving geopolitical developments. The initial steep decline...

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