Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases
Narendra Modi, India's prime minister, speaks during a joint press statement with Lawrence Wong, Singapore's prime minister, not pictured, at...
Energy
Tanker crosses Strait of Hormuz as U.S. waits for Iran's response to peace proposal
In this picture obtained from Iran's ISNA news agency and taken on May 2, 2026, the Gambia-flagged tanker vessel Bili...
The Iran war will change global energy markets in these important ways, oil executives say
Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. Stringer | ReutersThe world's energy system will change in...
Oil resumes rally as U.S.-Iran fire exchange rattles fragile Hormuz ceasefire
In an aerial view, a Valero refinery is seen on May 5, 2026 in Corpus Christi, Texas.Brandon Bell | Getty...
Shell tops profit estimates as Iran war boosts oil price, cuts share buybacks
The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas.Brandon Bell | Getty...
Asian Development Bank's $70 billion energy and digital infra push puts Southeast Asia center stage
A solar power plant in Vietnam's Tay Ninh Province. Singapore's central bank is backing bio-energy and solar projects in Southeast...
Airlines spent 56.4% more on jet fuel in month after Iran war started, U.S. government says
A technician prepares to refuel a Delta Airlines aircraft at the Austin-Bergrstrom International Airport on April 10, 2026 in Austin,...
Frontier Airlines forecasts revenue boost from Spirit collapse
Spirit Airlines and Frontier Airlines ticket counters at Kansas City International Airport.Leslie Josephs/CNBCFrontier Airlines expects a revenue boost from Spirit...
Spirit starts monthslong process of dismantling airline after biggest collapse in a generation
A Spirit Airlines airplane at Baltimore Washington International Thurgood Marshall Airport (BWI) in Baltimore, Maryland, US, on Saturday, May 2,...
The jet fuel crisis is 'a slow motion car crash', says Kpler's Matt Smith
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMatt Smith, Kpler director of commodity research, joins...
Oil prices slide as new attacks in Strait of Hormuz threaten fragile U.S.-Iran ceasefire
In an aerial view, the Marathon Petroleum Corp's Los Angeles Refinery is seen on April 2, 2026 in Carson, California.Justin...
India is burning more coal as extreme heat and the Iran war squeeze energy supplies
NEW DELHI, INDIA - APRIL 27: People are seen protecting themselves from the sun on a hot summer day at...
OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE
Jonathan Raa | Nurphoto | Getty ImagesOPEC+ has agreed an increase in oil output of 188,000 barrels per day, the...
OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say
Oil prices rose as much as 1.5% on Monday after OPEC+ members reaffirmed a plan to pause production increases in...
Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil...
Here's why surging oil prices may not derail the consumer trade
Wall Street is already looking beyond Big Tech quarterly results.Even though it's a major earnings week for the group, YieldMax...
Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $115 per barrel
Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy...
U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in...
Oil major BP beats profit expectations as Iran war boosts fuel prices
The BP refinery in Lingen, Germany (aerial view with a drone).Picture Alliance | Picture Alliance | Getty ImagesBritish energy major...
Oil giant Shell agrees to buy Canada’s ARC Resources for $16.4 billion
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas.Brandon Bell | Getty Images News |...
