Oil prices rose on Monday after a surge of renewed military action in the Middle East threatened to disrupt diplomatic efforts to end the war and sent prices higher. Futures on Brent crude (BZ=F), the international benchmark,

Pakistan, June 8 -- The Pakistan Stock Exchange (PSX) came under heavy selling pressure on Monday as escalating tensions in the Middle East and a sharp rise in global oil prices dampened investor sentiment and raised concerns about Pakistan's economic outlook.

SINGAPORE, June 8 (Reuters) - Chinese refiners have delayed two projects slated to come online this year following disruptions to Middle Eastern oil supplies from the Strait of Hormuz due to the Iran war,

Oil prices surged as Middle East tensions escalate, with Brent crude nearing $98 despite a fresh OPEC+ output hike. Renewed Israel-Iran hostilities, ongoing disruptions in the Strait of Hormuz and supply shortfalls from key producers are driving crude price volatility and stoking fears of tighter global energy markets.

Middle East oil output is set for a sharp rebound in 2027, with Iraq leading at 34.1% growth, as producers race to restore supply lost during the Iran war and Strait of Hormuz shutdown.

Brent crude falls 1% to $102.91 per barrel Trump signals potential end to U.S.-Israeli war with Iran OPEC output drops 7.5 million barrels per day in March LONDON, April 1 (Reuters) – Oil reversed earlier gains on Wednesday as uncertainty over the ...

In a speech to the nation on April 1, President Donald Trump spoke of the Iran war, and the contest for control of the Strait of Hormuz, as if their outcome had little bearing on the market for oil and gasoline in the United States. “The United ...

Oil prices moved higher on Wednesday, supported by renewed geopolitical tensions in the Middle East and signs that diplomatic efforts between the United States and Iran have stalled. Additional support came from industry data pointing to a larger-than-expected drawdown in U.