All news on the topic: Oil prices

Europe's STOXX 600 hit a record high on Monday, boosted by a relief rally across most sectors after the United States and Iran reached a preliminary agreement ‌that would open the Strait of Hormuz and end the three-month-long war in the Middle East.

The EasyJet CEO has assured customers they can "book with confidence" despite revealing the firm's finances will be hit due to war in the Middle East, which is driving up fuel costs and creating "near-term uncertainty".

Global stocks and bonds were sold off on Friday as concerns over a lasting inflationary impact from the Middle East conflict led traders to anticipate higher US interest rates.

On May 1, the United Arab Emirates formally exited OPEC without prior notice to its partners, a move widely seen as the culmination of years of friction with Saudi Arabia over production quotas and regional policy.

The Government is intensifying its planning to address potential shortages caused by the conflict in Iran

Safe sex could get more expensive if the Iran war continues to disrupt global supply chains, according to a new interview with the CEO of the world's largest condom manufacturer.

Foreign Secretary Yvette Cooper has said “a critical diplomatic moment” is approaching as the end of a two-week US-Iran ceasefire draws near.

Two reports from top accounting firms suggest the economy is on the brink as gas and oil prices surge following Tehran's blockade on the Strait of Hormuz.

There were no reports of any attacks on UK-linked vessels yesterday despite Donald Trump claiming that Iran fired at a British cargo ship.

The economic fallout from the Iran war will hit the UK the hardest out of all the world’s advanced economies, the International Monetary Fund (IMF) has warned.

At least 30 people, many of them young, have died and dozens more are reported to have been injured after a crush at a mountaintop fortress in northern Haiti that is a popular tourist spot.

North Sea oil prices have soared to a record high as panicking traders rush to secure vital supplies while the Strait of Hormuz remains shut.

A Wall Street research firm has paid an analyst $15,000 to venture to the Strait of Hormuz by speedboat, armed with cigars and tobacco pouches in order to gain trading insights.

Airlines around the world are cancelling thousands of flights due to the conflict in Iran, which has caused the price of jet fuel to more than double

On Wednesday, the British Prime Minister, Keir Starmer, announced he has authorised the military to board and detain Russian vessels, which his government accuses of being part of a fleet that allows Moscow to continue exporting oil in spite of Western sanctions

Europe might encounter an energy and fuel shortage as early as next month unless the Strait of Hormuz is reopened, according to Shell's chief executive

Donald Trump has taken another swipe at Keir Starmer, saying the UK ought to be "eagerly" assisting in reopening the Strait of Hormuz

Iran has cautioned that the price of oil might soar to $200 per barrel as it escalates its assaults on vessels in the Middle East

The cost to fill up has risen since January, largerly due to tensions in the Middle East, which briefly pushed up oil prices, as well as a weakening Pound against the dollar

Supermarkets recorded margins of 4% in 2017, which increased to 7.6% in 2022 and 7.8% in 2023, while for other retailers, margins were 6.4% in 2017, increasing to 7.3% in 2022 and 9.1% in 2023

Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices

The largest monthly jump in fuel prices in two years has hit motorists, with costs driven cuts in production by Russia and Saudi Arabia and wars in Ukraine and Gaza

Jeremy Hunt's Budget on Wednesday will bore the pants off you, says Fleet Street Fox. Here's what you'll miss

The oil giant reported adjusted earnings, including taxes, of 28.3 billion US dollars (£22.4 billion) for 2023, down 29% on 2022