When the us treasury sanctioned Russia's oil giants Rosneft and Lukoil, the shockwaves travelled from Moscow to New Delhi. The move hit at the core of a three-year equation, in place since 2022, that ...

Global oil prices nudged only modestly higher in early Monday trading, following a series of U.S. strikes on nuclear facilities in Iran ordered by President Donald Trump. However with Iran threatening ...

About the author: Desmond Lachman is a senior fellow at the American Enterprise Institute. He was previously a deputy director in the International Monetary Fund’s Policy Development and Review ...

LONDON, Oct 2 (Reuters) - OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country's facilities but the producer group would struggle if ...

The world economy could see a repeat of the 70s oil shocks, Nouriel Roubini said. The "Dr. Doom" economist said crude prices could spike if Israel and Iran go to war. Roubini has previously warned ...

The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran. High oil and gas prices are a near certainty, ...

Oil and gas prices have been affected by the "mother of all shocks," a Harvard economist says. Energy prices have seen wild swings since the pandemic, and the impact is still being felt. "When there ...

A new report outlined how a major escalation of the conflict between Israel and Hamas could fuel a new bout of inflation. By Alan Rappeport Reporting from Washington A major escalation of the war ...