Oil rose to $80 per barrel, the highest level since October, as the US announced new sanctions against Russia.

Oil prices hit a three-month high due to new US sanctions targeting Russian oil tankers and maritime insurance providers, amidst dwindling US crude stockpiles and cold weather.

In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...

Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...

Iran is reeling from a cratering economy and stinging military setbacks across its sphere of influence in the Middle East.

Iran is likely to respond to any US crackdown on its oil exports during the presidency of Donald Trump with harassment and ...

The body of an Israeli hostage held in Gaza, 53-year-old Yosef AlZayadni, was recovered in an underground tunnel in southern Gaza, the military said Wednesday. It said it was examining whether a ...

Once a heavy hitter in the Middle East, Iran has been weakened by the decimation of its proxies Hezbollah and Hamas, along ...

Journalist Cecilia Sala, who was held by Tehran police for almost three weeks for her "journalistic activities," has been released and is headed home.

Italian journalist Cecilia Sala was on a plane home Wednesday after being freed from an Iranian prison, the result of ...

A look back at 2024's EU aid cuts, and how AI can be used effectively and efficiently in the globaldev job hunt. Plus, ...

“Although NITC is also US-sanctioned, this represented a departure from previous years, where foreign-flagged vessels often ...