Europe's dwindling oil and gas reserves limit its ability to buffer global shocks, reinforcing the need for alternatives.

Hardline Iranian lawmaker Esmail Kosari said any closure of the Strait of Hormuz was still under review but no decision has yet been made, in comments carried by Iran's state media on Monday.

For much of the modern era, the Middle East has occupied centre stage in global geopolitics, owing to its strategic geography ...

Since the start of the war in Gaza, Iranian-backed Houthi rebels in Yemen have ramped up attacks on ships in the Red Sea, ...

In the coming months, China is expected to take active steps to fill the security vacuum in the Middle East. The complete dominance of the United States remains in the past, American influence is now ...

Easing Middle East tensions could see urea prices soften, but not below the “new normal” range, according to Rabobank's Paul ...

Volatility in the oil market is largely the cause of the choppy movements in the share price. West Texas Intermediate (WTI) trades near US$67 per barrel at the time of writing. It was above US$80 last ...

Although the US boasts of the precision of what it calls "surgical" strikes, its bombs and missiles still result in collateral damage, indirect as well as direct in the case of the attacks on ...

The war exposed the limitations of China’s influence in the Middle East, underscoring its struggles to convert economic power ...

Although the US boasts of the precision of what it calls "surgical" strikes, its bombs and missiles still result in collateral damage, indirect as well as direct in the case of the attacks on ...

It appears that Iran was not very close to trying to block shipping through the Strait of Hormuz. That’s what Edward L. Morse ...

Dubai Iran has achieved its highest energy output in nearly half a century, as crude production and exports continue expanding despite escalating tensions and Western sanctions. In 2024, total oil ...