UAE leaves OPEC and OPEC+ in major blow to global oil producers' group

Gulf leaders to meet in Saudi Arabia to discuss response to Iranian strikes

Israel's purchase of 'stolen' Ukrainian grain is not 'legitimate', Zelenskiy says

oil crisis

FILE PHOTO: A maze of crude oil pipe and equipment is seen with the American and Texas flags flying in the background during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo

Global News

Trump officials tout US energy dominance as global oil execs warn of supply crisis

28/03/2026

FILE PHOTO: People queue to buy petrol at a petrol station after Vietnam's trade ministry called on local businesses to encourage their employees to work from home to save fuel amid disruptions in supply and price surges triggered by the U.S.-Israeli conflict with Iran, in Hanoi, Vietnam, March 10, 2026. Picture taken with a mobile phone. REUTERS/Khanh Vu

Global News

Vietnam faces falling oil production as Iran war disrupts global supplies

18/03/2026

Plumes of smoke rise after Israeli strikes on Beirut's southern suburbs, following an escalation between Hezbollah and Israel amid the U.S.-Israeli conflict with Iran, Lebanon, March 11, 2026. REUTERS/Mohamed Azakir

Global News

Trump and Iran signal no quick end to war as tankers burn in Iraqi waters

12/03/2026

An Israeli strike on Beirut's southern suburbs, following an escalation between Hezbollah and Israel amid the U.S.-Israeli conflict with Iran, Lebanon, March 11, 2026. REUTERS/Mohamed Azakir TPX IMAGES OF THE DAY

Global News

Oil tankers burn near Iraq as Iranian strikes defy Trump's claim to have 'won' the war

12/03/2026

The Galaxy Globe bulk carrier and the Luojiashan tanker sit anchored as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. REUTERS/Benoit Tessier

Global News

Why US-Israeli war on Iran sent oil prices soaring

11/03/2026

Global News

Negotiation with the Americans may be off the table, says Iran foreign minister

10/03/2026

A picture of Iran's new supreme leader, Mojtaba Khamenei, is displayed on a screen in Tehran, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY

Global News

Iran's choice of Mojtaba Khamenei appears to close path to swift end to war

09/03/2026