Kremlin shrugs off planned new EU sanctions on Russian banks

Indian-crewed tanker hit off Oman in suspected third US strike this week

US and Iran wrangle over frozen funds as they edge toward interim deal, Iranian sources say

Energy markets

U.S. releases 53 million barrels from strategic oil reserve to help stabilise energy markets

AWANI International

U.S. releases 53 million barrels from strategic oil reserve to help stabilise energy markets

12/05/2026

A motorist returns the petrol pump after filling their car with fuel at a petrol station, as the price of oil and gas has surged amid the conflict in the Middle East, in London, Britain, March 5, 2026 REUTERS/Jack Taylor

Global News

Asia battles rising, uneven toll of energy crisis caused by Iran war

10/05/2026

Kirill Dmitriev -- REUTERS

Global News

Russia's Dmitriev says new US waiver to affect another 100 million barrels of Russian oil

18/04/2026

Global News

Kremlin says Russia has learnt to minimise impact of sanctions after US decides not to renew oil waiver

16/04/2026

A map showing the Strait of Hormuz and a 3D-printed miniature model depicting U.S. President Donald Trump are seen in this illustration taken March 23, 2026. REUTERS/Dado Ruvic/Illustration

Business

Oil prices extend gains as Trump sharpens rhetoric on Iran

07/04/2026

Basra Oil Port, Iraq

Global News

Iraq urges customers to send oil loading plans after Hormuz exemption, document shows

06/04/2026

Global News

EU tells members to prepare for 'prolonged disruption' to energy markets from Iran war

31/03/2026

3D-printed oil pump jacks

Global News

Iran war threatens prolonged hit to global energy markets

08/03/2026

Global News

US authorises US diluent supply to Venezuela oil sector

04/02/2026

Global News

Venezuela has received US$300 million in funds from oil sales, acting president says

21/01/2026