News

The U.S. economy’s reliance on overseas oil is very much less a factor today than 10 or 15 years ago, says Nomura economist ...
The ongoing Israel-Iran conflict could trigger global instability, spike oil prices, disrupt trade routes, increase inflation ...
The aggravation of the situation in the Middle East due to the conflict between Israel and Iran will have an impact on ...
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Iran remains in economic crisis due to international sanctions over its nuclear program, which have limited its oil exports.