Middle East conflict has driven up oil prices, leading to sharp increases in petrol and diesel costs. But diesel is rising faster than petrol - here's the reason.

Brent crude inched further above $100 a barrel and stocks fell in early Asian trade on Friday (March 13), after Iran vowed to ...

A statement by Iran’s Supreme Leader Ayatollah Mojtaba Khamenei, his first since his appointment, was read on state television by a news anchor.

For years, Warren Buffett has continued to pile into one popular U.S.-based oil stock. That oil stock now comprises roughly 4% of Berkshire Hathaway's entire publicly traded portf ...

Goldman Sachs has revised up its price forecast for Brent crude. It expects an average of more than $100 a barrel in March and $85 a barrel in April before reaching around $70 a barrel later in the ...

The conflict in the Middle East is starting to hurt Canadians at the pumps, but the rising cost of diesel fuel has the ...

A major US-Israel military campaign against Iran, dubbed Operation Epic Fury, has escalated into a broad regional conflict spanning multiple countries. Israel has conducted large-scale strikes on ...

Experts warned a prolonged Middle East conflict and an ongoing spike in oil prices could send the economy into reverse in ...

The world's biggest energy importers have seen their currencies post the ​largest losses against the dollar since the start of the US-Israeli war on Iran. The Indian rupee and Japanese yen ⁠have lost ...

Multiple explosions were reported across Iran’s capital, Tehran, and other cities as the war in West Asia continues to escalate. Follow Firstpost’s Live Coverage of the escalating tensions.

T he death of Supreme Leader Ayatollah Ali Khamenei on the first day of the Iran war generated hope that the regime change the Trump administration and Israel yearned for would come to pass, perhaps ...

Two drones fell near a major southern Iraqi oil field, two oil ministry officials told AFP on Friday, as the war in the ...