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THE government is ready to roll out fuel subsidies if the situation in the Middle East worsens and triggers a surge in crude oil prices.
The government is closely monitoring the country’s fuel supply while it prepares for “targeted interventions” to help cushion a possible surge in global oil prices due to the conflict between Israel ...
Russia attacked Ukraine on February 24, 2022, more than two weeks after the campaign for the elections kicked off. Candidates for the May elections that year were well aware of this development in ...
Oil trading has seen some of its most volatile days in recent history as non-stop missile strikes exchanged between Israel ...
Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran ...
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Fed officials have largely expected that Trump's trade policies will have a stagflationary effect on the U.S. economy, ...
Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could ...
British equities opened lower on Tuesday with the ongoing hostilities between Iran and Israel weighing on market sentiment, ...
Global demand for oil from combustible fossil fuels could peak as early as 2027, according to the International Energy Agency ...
China is continuing to build up crude oil stockpiles as it refines substantially less than what it has available from imports ...
Oil prices jumped over 2% on Tuesday as escalating Iran-Israel conflict stoked fears of supply disruption in the Middle East.