The Latest Breaking News from Oil

An Iranian-flagged tanker on Friday delivered an oil shipment to Syria, which the United States had previously confiscated around Greece, ending months of uncertainty about the cargo, a ship tracker said. The seizure from the Lana, formerly the Pegas, prompted Iranian forces in May to seize two Greek tankers in…

Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said in comments reported on Saturday, in response to a deal by Western powers aimed at limiting a key source of funding for its war in Ukraine.

The $60 price cap on seaborne Russian oil agreed by Group of Seven nations and Australia is not serious and will do little to deter Russia from waging war in Ukraine, President Volodymyr Zelenskiy said on Saturday.

Ukraine’s foreign minister says 17 diplomatic missions have now received suspicious packages

We ask some of our favourite chefs for festive showstoppers that break the mould

When you discover just how good this tortilla is, you’ll be tempted to make some extra roast potatoes just to enjoy the leftovers

The G7 and Australia have agreed to a $US60 a barrel cap on Russian oil, following the European Union's decision on the same move.

MP for Aberdeen South Stephen Flynn claimed a stand-alone tax could hit jobs.

What a spectacular finish to the Group Stage of the World Cup. It's a wonderful game. We'll give the FIFA-bashing a rest for the week; they seem to be doing a good enough job of it themselves at the moment.