OPEC+ will make its August oil production decision on the fly during the upcoming July 6 meeting, Russia confirmed on Friday, ...

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TEHRAN, June 29. /TASS/. A nitrogen tank exploded at an oil refinery shop under construction in the city of Tebriz in northwestern Iran, the Tasnim news agency reported. According to Tasnim, the blast ...

After Iran’s parliament voted to close the Strait of Hormuz, Beijing’s foreign-affairs spokesperson stressed—in what looked ...

Stay updated with a weekly recap covering market movements, economic insights, top news, and geopolitical events shaping the ...

Top Qatari officials had been meeting with the country’s prime minister on Monday afternoon to find ways of de-escalating a conflict between Iran and Israel, when defense ministry personnel called to ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...

The new reality is that either Israel or the U.S. can now ensure a non-nuclear Iran by easily blowing up its costly nuclear ...

Gas prices are sitting at a four-year low as the ceasefire between Iran and Israel has eased fears that conflict in the ...

Although China has condemned U.S. military strikes on Iran's nuclear sites, it has kept a relatively low profile. NBC News' Janis Mackey Frayer explains why China's dependence on Iranian oil keeps it ...

Thus, the world saw a price spike which, despite being widely predicted by many smart people, didn’t happen, and the reasons ...

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