The IEA chief warned that “no country will be immune” to the effects of the crisis. Read more at straitstimes.com. Read more ...

Siemens CEO warns that the Iran war is causing customers to delay investments amid rising raw material and energy costs.

The opposition has meanwhile urged the government to form a non-partisan national council to discuss economic interventions, ...

The United States is once again in a terrible predicament: a war where the definition of ‘victory’ grows murkier ...

Australia and Singapore agreed on Monday to cooperate in ensuring smooth supply chains of oil, LNG and diesel as the two import-reliant nations weather a global energy squeeze caused by the Mideast ...

Markets tumble and oil prices rise as global focus remains on Strait of Hormuz - The FTSE 100 Index fell back further from ...

Goldman Sachs has raised its oil price forecasts as the Strait of Hormuz crisis threatens a historic supply disruption.

Several Middle East oil and gas facilities have been impacted as part of Iran's retaliation last week to Israel's attack on ...

Iran on Monday threatened to attack Mideast electrical plants powering American military bases. On Saturday, Trump warned ...

GLOBAL ENERGY CRISIS: The global economy faces "major threat" and the current energy crisis is worse than the oil shocks of ...

PM Modi expressed concern over the ongoing situation in West Asia, describing it as 'worrisome'. He highlighted that the ...

U.S. President Donald Trump gave Iran a two-day deadline to reopen the Strait of Hormuz or have its power plants bombed, ...