Oil prices bounced back in the global market on Friday (August 14) as escalating military tensions surrounding Iran renewed concerns over crude oil supply, following U.S. threats of an indefinite

Yemen's Iran-aligned Houthi forces claimed on Monday that they targeted sensitive Saudi crude oil supply and transport sites. These critical facilities link eastern Saudi Arabia to Yanbu a major Red

Global oil prices have plummeted to a four-month low following positive progress in diplomatic talks between the United States and Iran. Consequently, Brent crude futures fell 1.89% to $71.57 per

International oil prices edged higher on Tuesday as uncertainty surrounding the US-Iran agreement and concerns over oil shipments through the Strait of Hormuz continued to influence the market.

An immediate agreement to end the war between the United States and Iran remains highly unlikely, senior Pakistani government sources warned Tuesday. The primary obstacle is the continued Israeli military

Global oil prices dipped slightly on Tuesday, June 2, despite ongoing uncertainty surrounding US-Iran peace talks. The slight drop comes after a significant price surge the previous day, leaving investors

The United States Treasury Department has imposed sanctions on Iran's Persian Gulf Strait Authority, accusing the body of acting as an extortion arm for the Islamic Revolutionary Guard Corps (IRGC).

Tensions between the United States and Iran showed signs of easing on Wednesday as both nations moved toward a diplomatic framework to end their 67-day conflict. While President Donald Trump

U.S. Defense Secretary Pete Hegseth stated on Tuesday that a fragile ceasefire with Iran remains intact, even as the United Arab Emirates (UAE) reported a second consecutive day of missile

Tensions in the Middle East reached a breaking point on Monday as Iran launched a wave of drone and missile strikes against the United Arab Emirates (UAE) and commercial shipping.