The US said it would allow countries to buy Russian oil stranded at sea in an effort to keep a lid on rising energy prices. A US refuelling aircraft went down after an incident in

By Cassell Bryan-Low LONDON, March 11 (Reuters) - Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., Israel and Iran, according to maritime authorities and analysts,

The degree to which the IEA acted is being interpreted that the conflict could continue for many weeks, said analysts.

For lawmakers, the price spikes underscore the fragile backdrop of this year’s budget negotiations, which are unfolding amid debates over affordability and proposed tax changes.

Energy Secretary Chris Wright on Wednesday said there will be a “surge of investment” in the Middle East after the Iranian regime is “defanged.” Wright has been a frequent face on television this

The cost of hauling crude oil from the Middle East to China rose more than 94% to hit a record high of $423,736 per day on Monday.

New attacks signal the Iran war is widening across the Middle East to further threaten disruption to energy supplies.

By Rashika Singh March 12 (Reuters) - Canada's main stock index fell on Thursday, as heavyweight financials led declines on escalating Middle East tensions, while higher crude prices lifted energy stocks and limited losses.