Oil prices have witnessed a substantial 10 per cent increase over the past week amid growing tensions between Israel and Iran, prompting warnings from the UK’s Chancellor Rachel Reeves about
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In a remarkable transformation, Mark Carney, once heralded as the Bank of England’s greenest-ever governor, has executed a striking policy reversal. The former central banker who adamantly advocated leaving 80%
Saudi Aramco has announced a significant decline in dividends for 2025, marking almost a 30 per cent reduction from the $124 billion distributed last year to a total of $85.4
British energy giant BP has entered into a significant agreement with the Iraqi government to redevelop four substantial oil and gasfields in the northern region of Kirkuk. The landmark deal,
Moscow’s ability to maintain its oil trade and finance its Ukrainian war efforts, despite international sanctions, hinges on a fleet of over 600 elderly and poorly maintained vessels. This ‘shadow
Oil prices surged to their highest levels since August as refiners in India and China desperately sought alternative supplies following stringent new US sanctions targeting Russian oil revenues. Brent crude,
