Global oil prices surged by over $3 a barrel on Monday following fresh geopolitical escalations in the Middle East. Reports of new Israeli airstrikes and explosions across Iran have intensified

Global oil prices jumped sharply on Thursday after Donald Trump said the United States would continue military strikes against Iran without giving a clear timeline to end the war.

Global oil prices declined on Friday, heading for their steepest weekly drop in six months, as easing geopolitical signals and policy moves by India helped calm markets.

Global oil prices rose sharply on Monday amid escalating tensions in the Middle East after Iran threatened to target critical energy infrastructure in response to potential attacks on its power

Oil prices edged lower on Monday as fears of a direct conflict in the Middle East eased following constructive indirect talks between the United States and Iran.

Global energy leader BP announced on Wednesday that it anticipates a significant loss of $4 billion to $5 billion in its fourth-quarter earnings, mainly due to setbacks in its renewable