The Chancellor has been urged to scrap the proposed hike in fuel duty as concerns have been raised about the conflict in the Middle East. Rachel Reeves announced last year that the long-held discount ...

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By Georgina McCartney HOUSTON, March 3 (Reuters) - Investors rushed to lock in a spike in oil prices this week, resulting in ...

By Kanchana Chakravarty and Rashika Singh March 3 (Reuters) - The war in Iran and the resulting surge in energy prices will ...

Crude oil benchmarks rose more than $4 on Tuesday, soaring for a third session as the U.S.-Israeli conflict with Iran widens, disrupting fuel shipments and heightening fears of further Middle East oil ...

Bernstein on Monday raised its 2026 Brent oil price assumption to $80 a barrel from $65 but said that prices could reach $120-$150 in an extreme case of prolonged conflict. Refined product futures are ...

President promises to provide insurance for vessels transiting the region as Iran conflict disrupts energy flows ...

Oil prices soared about 8 per cent to their highest since July 2024 on Tuesday, rising for a third session as the U.S.-Israel ...

Rachel Reeves is under pressure to abandon planned fuel duty increases after oil prices surged following US and Israeli strikes on Iran.

The government on Monday decided to fully pass on the increase in global oil prices due to the US-Israel-Iran war to domestic ...