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The U.S.-Israel strikes on Iran have surged oil prices, and costs for consumers at the pump are expected to rise. The price of global benchmark Brent Crude oil was at about $77 per barrel as of Monday afternoon, up from about $71 a week ago and about $66 per barrel a month ago. U.S. gasoline...

Iraq's federal authorities have filed a complaint against its semi-autonomous region in the north of the country for signing gas contracts with two U.S. companies, two officia...

Iran’s Foreign Ministry said Monday that upcoming talks with the International Atomic Energy Agency will be “technical” and “complicated,” ahead of the watchdog’s first visit since...

Eight OPEC+ countries agreed on Sunday to raise oil output in September by 547,000 barrels per day (bpd) from the August 2025 required production level, the group said in a stateme...

Türkiye, Azerbaijan, Bulgaria, and Georgia signed on Friday a deal under a project aimed at modernizing power transmission systems, enabling the trade of electricity produced from...

Russia expects to keep supplying oil to India despite warnings from the United States, embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks w...

U.S. President Donald Trump is increasing the pressure on China and India to stop purchasing oil from Russia, claiming it is helping fund the Kremlin’s war against Ukraine. Trump...