The average price of petrol has now hit 161.6 pence a litre, according to figures from the AA.

U.S. forces struck three Iranian oil tankerson Saturday, U.S. Central Command said, including one off the coast of Kharg ...

Former Secretary of State and CIA Director Mike Pompeo is pressing the U.S. government to cut off Beijing’s imports of Iranian oil before Chinese President Xi Jinping arrives in Washington. Severing ...

US forces warned the Iranian tanker STARK 1 before striking a vessel near Kharg Island, escalating a naval blockade that ...

Oil surges to 3-month highs on U.S.-Iran strikes. Brent hits $95.85, WTI reaches $91.22, while U.S. diesel breaks 2022 record ...

Treasury Secretary Scott Bessent predicts oil could plunge to $40/barrel after Iran conflict ends, potentially lowering ...

US diesel prices hit a record high and shipping traffic through the Strait of Hormuz remained well below average ...

​Hedge funds have turned the most bullish on Brent crude since May as renewed fighting between the U.S. and Iran raised ...

Pump prices could remain high in Europe, adding to inflationary pressure. The immediate problem is not just the supply or ...

The most significant development of the week unfolded as oil prices reversed early losses to post a robust weekly gain. Brent crude futures were trading above $95.52 a barrel by 4 September, having ...

Oil rose on Friday and are on track for the steepest weekly gain since mid-July as renewed U.S.-Iran tensions heightened ...

Bessent predicts oil could drop to $40 after the Iran war, influencing bond yields. New all-time high for crude oil by ...