Iran’s escalating conflict and Gulf energy strikes are tightening global oil flows and raising fears that supply shocks could push prices toward $200 a barrel.

New York owner says Diana bid again ‘undervalues’ company and falls below the mean analyst figure of $25 for net asset value ...

In the Middle East in general, and especially in Lebanon, we do not experience war only through breaking news headlines or ...

Singapore bunker prices are up 160% since the start of the year and the cost of moving a barrel of oil from the US Gulf to Asia has doubled over the period. Figures for ships ‘t ...

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Sri Lanka’s economic recovery is increasingly described in terms of cautious optimism. Inflation has fallen sharply from the ...

As the West Asia war intensifies, Donald Trump says Iran is seeking a ceasefire but Washington is not ready for a deal yet, ...

As the Iran war enters its third week, Trump faces escalating tensions and global economic turmoil, with no clear exit strategy in sight.

Brent crude prices climbed above $100 (about Rs 9,200) a barrel as the conflict in West Asia escalated sharply, and have ...

Iran’s military has warned that British cargo ships in the Gulf are now “legitimate targets” after three vessels were hit in ...

Middle East conflict halts fertiliser supply, threatening global food security as prices soar and developing nations face the brunt.

Several ships came under attack in the strait on Wednesday and Thursday. Tehran has been blocking maritime traffic in the area since the war launched by Israel and the US began.