Chevron CEO Mike Wirth warned that oil prices are likely to stay under prolonged upward pressure as disruptions in the Strait of Hormuz and reduced global inventories limit the market's ability to ...

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The queues at petrol pumps, the quiet anxiety in kitchen markets, and the rising cost of simply getting through the day are no longer inconveniences. The ongoing 2026 US-Iran war and the blockade of ...

Manufacturing has been in strife as the sector scrambles for diesel and other major types of fuel that are in short supply and subject to price shocks. It prompted the Advanced Manufacturing Growth ...

A view of the vessels heading towards the Strait of Hormuz following the two-week temporary ceasefire reached between the U.S. and Iran on the condition that the strait be reopened, seen in Oman on ...

Amid reports of a possible second round of talks between Iran and the US, Iran’s deputy foreign minister has said Tehran rejects any temporary ceasefire and is seeking a comprehensive end to the war ...

President Trump said he expects a deal with Iran will be announced fairly soon, and said it would give the U.S. “free oil and free Hormuz Strait.” The president was asked about the economy and oil ...

Oil prices remain volatile amid persistent supply disruptions. Higher oil prices do not always lead to stronger profits for energy stocks. Geopolitical risks are increasingly driving short-term moves ...