Energy

Indian Prime Minister Narendra Modi calls for fuel conservation as Middle East conflict hits supplies

Aramco said Sunday its net profit rose by 25.5 percent in the first quarter compared to the same period last year, as the war sent prices soaring.

The reserve of around 1 billion litres (264 million gallons) will ensure Australia holds at least 50 days of fuel onshore to shield the country

The shock decision, which took effect on Friday, followed months of tensions with Saudi Arabia, the world's top oil exporter and OPEC's de facto leader

Iraq has commenced work on an oil pipeline linking Basra to Haditha with a planned capacity of 2.5 million barrels per day, the state news agency said.

The UAE said it would leave the oil cartel following decades of membership on Tuesday, but which are the other countries who have previously left the group?

UAE exits OPEC and OPEC+ amid Iran war tensions, shaking oil markets and weakening unity among global producers.

BP profits surge as oil prices rise amid Middle East conflict, boosted by strong trading and market volatility in the first quarter.

France pushes to restore navigation in Hormuz as TotalEnergies warns war could cause worldwide energy scarcity.

Global gas demand faces long-term damage from Iran war as countries switch energy sources amid the largest supply disruption in modern history.