Global oil prices have spiked following fresh Houthi attacks on Saudi energy facilities, even as diplomats scramble for a resolution to the ongoing U.S.-Iran conflict.
China's oil prices have surged to an all-time high of $130 per barrel, raising questions about the nation's energy security amid global supply chain instability.
United States military officials confirm that the Strait of Hormuz remains open to global shipping, facilitating the transit of nearly one billion barrels of oil despite an ongoing blockade.
Rising geopolitical tensions in the Middle East have pushed Brent crude prices above $100, driven by threats to critical shipping lanes in the Strait of Hormuz and the Bab...
President Trump has urged Ukraine to halt strikes on Russian refineries, citing global diesel shortages, though analysts suggest broader geopolitical tensions are the primary driver.
A drone strike on Saudi Arabia's primary East-West pipeline has forced a suspension of operations, threatening to further disrupt global oil markets already struggling with regional conflict.
Global oil prices continue to surge past $100 a barrel as market skepticism persists over U.S. claims that traffic in the Strait of Hormuz has returned to normal.
Guyana’s President Mohamed Irfaan Ali discusses the nation's economic trajectory as rising oil revenues meet domestic inflation and regional security concerns.