The workhorse of the fuel world was climbing on Monday, with a strike on a major Saudi Arabia refinery getting the blame.

Saudi Aramco’s Ras Tanura refinery was temporarily shut after a drone strike caused a limited fire. No injuries were reported ...

Oil prices jumped 13% to cross $80 per barrel for the first time since 2024 as traders began rapidly pricing in major disruption to oil flows through the Middle East.

China and its neighbors scrambled to soften the blow of a disorderly trade war. Conflict in the Middle East threatens now ...

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The high prices came as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military ...

Ras Tanura is one of the Middle East's largest refineries and a key artery for Saudi crude and fuel exports. Even a ...

Share Market Highlights: Sensex drops over 1,000 points on Iran conflict despite partial recovery; follow live updates for market trends and expert insights.

Explosions have been heard in multiple Gulf cities including Dubai, Abu Dhabi and Doha, while Israel and Hezbollah are trading blows as the war with Iran widens. Follow for live coverage.

A note by Axis Asset Management, released on March 2, says while such conflicts can spark short-term volatility, history ...