Economy

Oil poised for further gains as Middle East conflict threatens export facilities

Brent and U.S. crude futures have already spiked, surging more than 40% so far this month to their highest levels since 2022.

Global week ahead: Price pressure in the pipeline

Keeping inflation under control becomes a critical task for central banks.

Oil loading operations at UAE's Fujairah have resumed: media reports

The fire in Fujairah, caused by debris from an intercepted drone, had disrupted operations in a key crude oil loading port in the Gulf.

Bill Ackman wants a little Berkshire of his own. Piper Sandler says there's a 'secret sauce'

Piper Sandler believes Ackman's ambition will depend largely on his ability to keep insurance risk low while letting investment returns do the heavy lifting.

Price caps, taking the stairs, and short-sleeved shirts: How countries are coping with the Iran war energy shock

Some countries have imposed price caps and released oil stockpiles to maintain energy supplies, while others are trying to reduce consumption.

Nicola Jennings on Trump’s Iran war strategy

As oil hovers around $100 a barrel the president downplays the rise in fuel costs and insists higher prices will benefit the US