Although Iran currently accounts for roughly 3% of global oil production, its strategic importance lies in its proximity to ...

During the October 1973 Yom Kippur War, Arab OPEC members, led by Saudi Arabia, implemented an oil embargo against the US and other nations that supported Israel that led to oil rising 300 per cent.

Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15 percent of global oil supply and 20 percent of global LNG supply. That’s what Wood Mackenzie said ...

Brent crude last week moved above $70 a barrel, having risen more than 20pc since mid-December.

Over the past 50 years, oil prices have repeatedly surged 25–300 per cent during geopolitical crises, even when physical supply losses were temporary, Equirus Securities said in a detailed note.

Jack Prandelli warns oil markets may be underpricing geopolitical risk as Brent holds near $70 despite US–Israel strikes on Iran, noting past crises initially appeared contained before triggering ...

Canada’s foreign minister says her country is working on an aid package for Cuba as it faces blackouts and severe fuel ...

Iran reported the highest casualty figures by a substantial margin. As of 1 March, 201 people were killed and 747 injured in Iran ...

A boat carrying 10 heavily armed men entered Cuban territorial waters on Feb. 25, 2026, intent, according to officials in ...

The Supreme Court struck down Trump’s threatened tariffs on countries that send oil to Cuba, but the crisis persists.

The United States and Israel attacked Iran, raising the possibility of a closure of the Strait of Hormuz, a critical oil ...

Venezuela and Cuba fit into the administration’s oft-articulated objective of solidifying dominance in the Western Hemisphere ...