Crude oil prices jumped and stock prices fell after President Trump declared an end to the cease fire with Iran, adding fresh uncertainty to an already shaky outlook for the global economy.
Brent crude dropped below $74 a barrel on Wednesday for the first time since the start of the Iran war in late February, as investors continued to price out the geopolitical risk premium that had driven energy markets higher during the conflict.
Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end, paving the way for a recovery in supplies from one of the world's most important oil-exporting...
Iranian oil tankers have exited the zone in the Gulf blockaded by the US Navy, the TankerTrackers website said on Wednesday, calling it the country's "first crude oil exports in two months". Follow our liveblog for all the latest developments.
While Russia has emerged as one of the very few winners from the recent disruptions to the global oil market amid the Iran war, this is not enough to offset the hit of sanctions and isolation, the managing director of the International Monetary Fund...
President Donald Trump welcomed new inflation data showing prices rising 4.2%, saying the numbers were "great." He argued higher energy costs linked to the Iran conflict were temporary and claimed US forces were moving millions of barrels of oil...
Oil futures slid on Monday as traders assessed US President Donald Trump's announcement over the weekend that a deal with Iran had been "largely negotiated". The benchmark Brent crude still remains much higher than when the war started on February...
Europe is expected to source almost two-thirds of its liquefied natural gas imports from the US in 2026, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't signaling plans to increase production to bring down prices at the pump.
A new NPR/PBS News/Marist poll finds strong support for Democrats this midterm season. It also shows increasing concern about the war in Iran and the economy, particularly the price of gas.
The UAE signed a landmark trade deal with South Korea, the day after it left OPEC, while Qatar is also engaging with Seoul for its own trade agreement. The Gulf states are paving a structural trade corridor with Asia.
Turning to the impact of the Middle East conflict on oil markets, global prices eased slightly on Friday after surging to a four-year high of over $126 per barrel the previous day, driven by fears that a prolonged war with Iran could worsen supply...
EU fossil fuel imports have increased by €24 billion since the US-Iran war, with oil prices up 60 per cent and gas 70 per cent. How will the EU’s new AccelerateEU plan avoid a full-scale energy shortage? Ask the Euronews AI chatbot.
European markets are trading mostly flat with Asian indices jumping higher and oil prices rising slightly as suspense builds around potential US-Iran negotiations and the end of the ceasefire in less than 48 hours.
In 2025 China imported 5.4 million barrels of crude oil through the Strait of Hormuz every day, making it one of the waterway's largest stakeholders. As the economic effects of the US blockade of the strait reach China's shores, Beijing has...
Washington's decision to let Iranian and Russian oil waivers expire threatens to tighten India's crude oil supply, as New Delhi had relied on temporary relief to sustain imports. DW has the latest.
DW News
With Qatar's liquefied natural gas still offline, U.S. companies see an opening and are bringing in new investments.
The International Energy Agency (IEA) has warned of an unprecedented energy shock, with global oil production plunging by over 10 million barrels per day in March, as diplomatic efforts between Washington and Tehran fail.
Following tense exchanges between Economics Minister Reiche and Finance Minister Lars Klingbeil, the government held talks over the weekend. Will the coalition succeed in easing the burden on citizens, or will it collapse?
US crude oil prices surged nearly 8%, reaching US$104 per barrel, as concerns grow over a potential US blockade of the Strait of Hormuz. In March, Iran exported around 1.85 million barrels of crude per day through the strait. Meanwhile, Hungarians...
