
Global oil rises as Middle East tensions flare
Oil prices climbed for a second straight session on Wednesday, 3 June, as renewed hostilities in the Middle East and stalled diplomatic efforts between Iran…
· 1 min read
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Oil prices climbed for a second straight session on Wednesday, 3 June, as renewed hostilities in the Middle East and stalled diplomatic efforts between Iran…
· 1 min read

TEHRAN, Iran (AFP) — The United States and Iran said Monday they had again traded strikes, straining an already fragile ceasefire as negotiations between the…
· 2 min read
PARIS, France (AFP) — France and its allies have detained a sanctioned Russian oil tanker in the Atlantic over the weekend, President Emmanuel Macron said on…
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Motorists will get a major break at the pumps as fuel prices are set for a sharp rollback effective Tuesday morning, today, according to the Department of…
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The Philippine National Oil Co. (PNOC) has secured a 21,000-metric-ton liquefied petroleum gas (LPG) shipment to support the country’s strategic fuel reserves…
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WASHINGTON, United States (AFP) — The US military said Saturday it had disabled a Gambia-flagged cargo vessel attempting to sail to an Iranian port by…
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The estimated 440 kilograms of uranium processed to 60 percent purity is at the center of talks between the US and Iran.
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Global oil inventories are rapidly depleting ahead of peak summer oil demand in the Northern Hemisphere.
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Pessimism among businesses intensified in April as rapidly rising inflation, higher oil prices, and economic uncertainty stemming from the Middle East conflict…
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Fuel prices are expected to decline sharply after nearly a month of consecutive increases, as easing concerns over Middle East supply disruptions weigh on…
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Iran targeted a U.S. air base on Thursday after the United States struck what Washington described as an Iranian drone operation near the Strait of Hormuz and…
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For decades, the Philippines approached energy security largely through the logic of globalization: import what is needed, rely on international markets, and…
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Pump prices for petroleum products are expected to rise again next week, with diesel and gasoline likely to see fresh hikes amid the tight global supply and…
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Six weeks since a fragile ceasefire took effect, talks to end the war have made little progress.
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Investor sentiment improved further after US President Donald Trump said negotiations with Iran were already in the ‘final stages,’ easing fears of an…
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‘We have not deployed the full power of the Islamic revolution.’
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LONDON, United Kingdom (AFP) — The UK government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third…
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SEOUL, South Korea (AFP) — A South Korean oil tanker is currently passing through the Strait of Hormuz, the country’s top diplomat said on Wednesday, marking…
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