Israel Iran conflict highlights Asia’s dependence on Middle East oil
ADVERTISEMENTAsia’s dependence on Middle East oil and gas — and its relatively slow shift to clean energy — make it vulnerable to disruptions in shipments…
Oil prices rise despite fragile ceasefire between Iran and Israel
Published on 25/06/2025 - 8:08 GMT+2ADVERTISEMENTInvestors kept an eye on the Middle East on Wednesday as a fragile ceasefire between Iran and Israel appeared to…
Oil price drops, shares jump as Trump announces Israel-Iran ceasefire
Published on 24/06/2025 - 7:59 GMT+2ADVERTISEMENTStocks rallied on Tuesday after US President Trump said that a "complete and total ceasefire" between Iran and Israel would…
Asian shares mixed and oil prices stay high over Iran-Israel crisis
By Eleanor Butler & AP Published on 18/06/2025 - 8:06 GMT+2ADVERTISEMENTAsian shares were mixed and oil prices remained high on Wednesday as investors closely tracked the escalation of…
Oil prices surge, Europe’s shares set for a hit on Israel Iran strikes
By Eleanor Butler with AP Published on 13/06/2025 - 7:57 GMT+2ADVERTISEMENTEuropean indexes prepared to take a hit on Friday as Asian markets dropped on news that Israel had…
Oil under pressure as OPEC+ weighs further output hike ahead of US-Iran talks
By Tina Teng Published on 23/05/2025 - 8:14 GMT+2ADVERTISEMENTCrude oil prices fell for a third consecutive trading day on Thursday ahead of the US-Iran nuclear talks.…
Oil prices soar on reports of Israel potentially attacking Iran
By AP with Indrabati Lahiri Published on 21/05/2025 - 11:32 GMT+2ADVERTISEMENTOil prices surged on Wednesday after a report by CNN suggested that Israel could launch an…
Oil prices plunge to multi-year low as OPEC+ plans to accelerate production hikes
ADVERTISEMENTCrude oil prices plunged to a multi-year low following OPEC+’s decision to accelerate production hikes for June. During Monday’s Asian session, Brent futures slumped as…
Oil prices tumble to four-year low as US-China trade war fuels recession fears
ADVERTISEMENTCrude oil prices fell for a fourth consecutive trading day on Tuesday, hitting their lowest levels in four years, as recession fears intensified amid a…
Crude oil prices drop 6% as OPEC output rises and Trump’s tariffs hit
ADVERTISEMENTCrude oil futures slumped to near multi-year lows after the Organisation of the Petroleum Exporting Countries (OPEC) and its allies announced a larger-than-expected production increase…
Crude oil markets retreat as economic concerns outweigh Trump’s tariff threats
Crude oil prices climbed on Monday amid US President Donald Trump’s threats to impose 25% to 50% tariffs on Russia’s oil. However, economic concerns may…
Crude oil prices rise as Red Sea tensions intensify after US strikes
Crude oil prices jumped following the US military strikes on the Iran-backed Houthi militants, in response to the Yemen-based group’s commercial vessel attacks in the…
Oil prices drop as OPEC+ agrees to gradually hike output from April
Oil prices had already been trading lower in the last few weeks, partly because of expectations that US president Donald Trump could swiftly end Russia’s…
Oil rises as Israel-Hezbollah ceasefire violated, OPEC+ delays meeting
Oil prices rose nearly 1% Thursday after Israel reported ceasefire breaches with Hezbollah, reigniting Middle East tensions. Brent hit $72.90 a barrel, recovering recent losses.…
Asian shares rise as the yen dips after Japan’s ruling party loses majority
Asian shares rose on Monday, as the yen dipped in the midst of political uncertainty after Japan's ruling party lost its majority in Parliament's lower…
Will tensions in the Middle East lead to another energy price shock in Europe?
Will tensions in the Middle East lead to another market price shock in Europe? Energy analyst Dr Yousef Alshammari shares his outlook on oil prices…
Oil prices dip near year low on hopes of Israel-Hamas war ceasefire
Ceasefire hopes have risen following Israel's recent acceptance of a US bridging proposal. Hamas, however, has yet to do the same. ADVERTISEMENTOil prices dropped close…