Brent falls Published 21 Oct, 2026 02:29am HOUSTON: Oil prices settled down after touching a five-month high on Tuesday as traders weighed a meeting between...
Saudi coalition says Houthi drone destroyed near Makkah Updated 16 Sep, 2026 11:00am The drone, intercepted on Tuesday evening, was the second Houthi attempt to target Makkah after a ballistic missile launch in July 2017
US energy chief says Saudi Arabia oil pipeline should be back within days Published 15 Sep, 2026 09:36pm Saudi Arabia's crucial East-West oil pipeline, a major global supply route, is expected to be fully operational again within days
Trump says Iran wants deal, Houthis strike Saudi Arabia Updated 15 Sep, 2026 08:12am DUBAI: US President Donald Trump said on Monday that Iran wanted to reach a deal with Washington, signalling a...
Iran says will tackle economic problems created by sanctions Published 07 Sep, 2026 04:49am DUBAI: Iran said it will step up efforts to tackle problems created by US sanctions that are crippling its economy,...
US not ‘stealing Venezuelan oil,’ energy secretary insists Published 04 Sep, 2026 05:29am CARACAS: US Energy Secretary Chris Wright on Wednesday dismissed claims that Washington was “stealing Venezuelan...
Chevron, Eni commit to expand oil projects in Venezuela under US eye Published 03 Sep, 2026 05:39am CARACAS: US’ Chevron, Italy’s Eni and other foreign energy producers committed on Wednesday to major project...
US pounds Iran, Tehran strikes back at bases Published 03 Sep, 2026 05:39am WASHINGTON/DUBAI: Iranians and their Arab neighbours feared a return of war on Wednesday after the biggest exchange...
US military says it completed latest wave of strikes on Iran Published 02 Sep, 2026 08:15am Five people were killed and 50 wounded at a wedding near Sirik, a coastal area on the Strait of Hormuz, the Iranian Red Crescent reported
US, Iran step up rhetoric ahead of new sanctions Published 23 Aug, 2026 02:33am CAIRO/WASHINGTON: The United States and Iran exchanged defiant messages ahead of Monday’s scheduled announcement of...
European shares close lower as investors weigh ME risks Published 10 Jun, 2026 05:53am FRANKFURT: European shares surrendered early gains on Tuesday to close lower for a third straight session, led by...
US Energy Secretary says ship traffic through Strait of Hormuz rising 'very meaningfully' Published 09 Jun, 2026 07:51pm Vessel movements on Strait have largely been blocked since US, Israeli strikes on Iran in late February
US official says gas prices have peaked despite Iran war Published 21 Apr, 2026 10:26pm WASHINGTON: US Energy Secretary Chris Wright said Tuesday gasoline prices appeared to have peaked after a surge...
US energy chief says gas prices could stay above $3 per gallon until next year Published 19 Apr, 2026 09:44pm Gas prices have risen during the US and Israeli war on Iran and Iranian attacks on nearby countries
Pakistan govt defends ‘calibrated’ fuel price hike Updated 24 Mar, 2026 06:21pm Govt increased petrol, diesel prices by Rs55 per litre each earlier this month
Oil jumps to highest settlement since July 2022 as more Mideast supply disrupted Updated 21 Mar, 2026 04:38am Strait of Hormuz disruptions keep oil prices high, analysts say
Removing sanctions on Iran oil will bring supplies into ports, US energy secretary says Published 20 Mar, 2026 05:40pm US may soon remove sanctions on Iranian oil
Oil prices slide 3pc Published 17 Mar, 2026 05:57am NEW YORK: Oil prices slid about 3 percent on Monday after some vessels sailed through the critical Strait of Hormuz,...
Oil prices mixed amid attacks on Gulf export facilities Updated 16 Mar, 2026 06:31pm Brent crude futures were up 16 cents to $103.30 a barrel US West Texas Intermediate crude was down $1.50
Oil settles up 9pc Published 13 Mar, 2026 06:12am NEW YORK: Oil prices settled up about 9 percent on Thursday, at their highest in nearly four years, as Iran stepped...
US military ‘not ready’ to escort tankers through Hormuz Strait: energy secretary Published 12 Mar, 2026 07:26pm Wright's comments came as an attack on two oil tankers off Iraq killed at least one person, and oil prices briefly soared past $100.
US Navy has not escorted tanker through Hormuz: White House Published 11 Mar, 2026 08:14am WASHINGTON: The United States has not escorted any oil tanker through the Strait of Hormuz, the White House said...
Trump on rising gas prices during Iran operation: ‘If they rise, they rise’ Updated 06 Mar, 2026 06:23am Rising fuel costs pose political risks
US will take action to mitigate oil price spike for Americans, Rubio says Published 03 Mar, 2026 02:29am Oil and gas prices surged on Monday following Israeli and U.S. strikes on Iran and retaliation by Tehran
US to West’s energy watchdog: scrap net zero focus or we’ll quit Published 20 Feb, 2026 06:19am PARIS: US Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to ...
Oil prices slightly higher as optimism around US inflation data outweighs Published 15 Feb, 2026 02:44am HOUSTON: Oil prices settled marginally higher on Friday after data showed an overall slowdown in US inflation,...
US allows China to purchase Venezuelan oil but not at ‘undercut’ prices of Maduro days, official says Published 22 Jan, 2026 11:43pm The US will control Venezuela's oil sales, ensuring majority oil is sold to the US at fair prices
Trump says US oil pledged $100bn for Venezuela Updated 10 Jan, 2026 07:24am WASHINGTON: US President Donald Trump said Friday the world’s biggest oil companies pledged to invest USD100...
Trump urges US oil giants to repair Venezuela’s ‘rotting’ energy industry Published 10 Jan, 2026 02:56am We’re going to discuss how these great American companies can help rapidly rebuild Venezuela’s dilapidated oil industry
White House oil meeting on Venezuela includes independents, and strong links to Denver Published 10 Jan, 2026 12:10am White House meets oil executives, including independents like Continental Resources, to discuss Venezuela investment