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UK competition watchdog says it will closely monitor pump prices to stop profits being ramped up amid crisisThe UK competition watchdog has warned fuel retailers it is stepping up its monitoring of pump prices amid concern over profiteering as the US w…
Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling marketsMiddle East crisis – live updatesOil markets are now facing the “largest supply disruption in history” as the war in Iran continues to block tan…
DefenceTalkThe US military is currently “not ready” to escort tankers through the critical Strait of Hormuz because all its assets are focused on striking Iran, Energy Secretary Chris Wright said Thursday. Wright’s comments came as an…
Campaigners say people unlikely to ‘look favourably’ on package for Wael Sawan, which rose to £13.8m in 2025The chief executive of Shell saw his pay jump more than 60% to almost £14m in 2025 despite a slump in profits at the oil company and prospects o…
Exclusive: Oil at $100 a barrel means higher prices in the EU and UK, making savings for those with electric vehicles even greater, analysts sayEuropean drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices cau…
Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling marketsBusiness live – latest updatesMiddle East crisis – live updatesOil prices have again topped $100 a barrel as widespread Iranian attacks on energ…
Strait of Hormuz, key transit passage for global oil trade, has been effectively shut down by Islamic Revolutionary GuardSign up for the Breaking News US email to get newsletter alerts in your inboxUS intelligence reporting sees direct attacks by Iran …
Iranian officials warn of a long ‘war of attrition’ and global economic chaos as energy supplies from the region are throttled Iran dramatically escalated its strategy of striking civilian infrastructure and transport networks across the Gulf on Wednes…
Iranian officials warn of ‘war of attrition’ and global economic chaos as energy supplies are throttledMiddle East crisis – live updatesIran dramatically escalated its strategy of striking civilian infrastructure and transport networks across the Gulf …
Former US secretary of state says oil shock driven by war in Iran highlights dangers of reliance on fossil fuelsMiddle East crisis live – latest updatesCountries must seek energy independence through renewable resources and nuclear energy for their nat…