After a decade of rapid growth of foreign direct investment into both Gulf Cooperation Council states and North Africa, FDI ...

President Donald Trump has repeatedly demanded the Federal Reserve slash interest rates. But Fed officials have stood pat, ...

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

In a dramatic escalation of hostilities, Israel and Iran have targeted key defence infrastructures with the former directly ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

Countries trade strikes as tensions grow over larger Middle East conflict - Iranian missiles struck an apartment building in ...

The local sharemarket is set to follow Wall Street lower on Monday as investors brace for wild swings in oil prices amid ...

Ukrainian President Volodymyr Zelenskyy says rising global oil prices following Israeli strikes on Iran will strengthen ...

The Saudi Arabia-led producer group has surprised the oil market this year by fast-tracking the return of idled production even as crude prices fell. It has prompted speculation that the cartel was ...

Prices for Brent crude, NYMEX Light Sweet, and West Texas Intermediate (WTI) futures rose by between 9 and 10 percent, ...

The already volatile Middle East has plunged into a new and dangerous phase of conflict as Israel and Iran openly traded ...