The Latest Breaking News from Oil

The chef behind viral account Another Day in Paradise shares fresh, flavour-packed dishes – from smashed cucumber caesar to miso-glazed courgettes and kimchi pasta puttanesca – to make vegetables the highlight of your table this season

Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran's nuclear facilities.

The one-week campaign, named Bring Turner Home, aims to return the piece to the city.

"It will take some time for this conflict to settle, but the market will view the worst is now in the rear-view mirror," Dan Ives wrote.

The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran

US LIFESTYLE: Are seed oils as bad for you as influencers claim? Amber Raiken speaks to nutrients about why the cooking oils deserve a better reputation

Based on the closing price of Brent crude on Friday, a 10% jump would send the global oil benchmark to nearly $85 per barrel.

Move could cause a global recession and comes in response to the US strikes on three Iranian nuclear sites

Will Russia stand up for its ally Iran after US struck three Iranian nuclear facilities? What is stronger: the desire to make money on expensive oil and divert the world's attention from Moscow’s war on Ukraine or the fear of losing the ties and contracts built up over the years…

Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

As the Israel-Iran conflict escalates further, there is a mounting fear that natural gas fields are going to be targeted — as well as oil shipping routes. Europe’s liquefied natural gas supply would be seriously impacted, along with its economies.