President Trump warns that any attempt by Iran to halt oil shipments through the strategic Strait of Hormuz will trigger a US retaliation '20 times harder,' raising global concerns over oil markets and energy security.
Audrey Liza M. Nolasco
Mar 10, 2026
How the recent surge in oil prices above $100 a barrel impacts your petrol costs, grocery bills, and household budget in the US, UK, and globally. Learn about the economic ripple effects and market reactions.
Jim Manzon
Mar 09, 2026
Oil prices have surged past $100 per barrel, raising questions about a potential rise to $200. Explore the factors driving this volatility and its impact on global markets.
Michael Toledo
Mar 09, 2026
Escalating tensions in the Middle East have led to a surge in jet fuel prices, potentially increasing airfares globally. Airlines warn of rising costs as the conflict in Iran affects fuel markets.
Marty Vergel Baes
Mar 06, 2026
Global energy markets are on edge as US-Iran tensions rise, potentially causing a $10-$20 surge in oil prices.
Marty Vergel Baes
Feb 28, 2026
Declining demand, increased oil production from key oil-producing nations, and geopolitical factors contributed to the downward trend in UK petrol prices.
Jastine Beatrice Yap
Dec 19, 2023
Global LNG industry to face challenges in the medium-to-long term says IEEFA, predicting that there will be "sustained high global LNG prices and declines in gas consumption in Europe".
Francesca Miller
Mar 21, 2023
While the average Indian consumes around 19kg of sugar a year, this is still well below the global average of 23 kg.
Nina Siena
Nov 03, 2020
The 16-year-old makes use of the drop shipping method to sell his products which makes his operation a cost-free business model
Nina Siena
Sep 21, 2020
Valuers at Hansons' auction house identified the object dating back to the time of Chinese Emperor Qianlong
Nina Siena
Sep 10, 2020
The collection got a lot of offers from interested parties mostly from New York and Asia.
Nina Siena
Sep 07, 2020
The lamb is a particular breed from Texal, Netherlands and is known for its lean meat and perfect figure.
Nina Siena
Aug 31, 2020
Over 600 people have fallen ill with salmonella infection from contaminated shipment of red, yellow and white onions
Nina Siena
Aug 12, 2020
Mattel's new Barbie 2020 Election series 4-piece doll set is now available online for £31
Nina Siena
Jul 30, 2020
China and Turkey are standing-up to U.S. demands they stop importing Iranian oil.
Arthur Villasanta
Apr 23, 2019
Pork prices in China will skyrocket more than 70 percent in the coming year as the stock of domesticated pigs known as hog will plunge to "historically low" levels because of raging African swine fever.
Kalyan Kumar
Apr 18, 2019
There seems to be enough market evidence to indicate $80 oil by the summer.
Arthur Villasanta
Apr 12, 2019
The International Energy Agency still doesn't see growth stopping.
Matthew DiLallo
Mar 18, 2019
The prevailing uncertainty in the oil market abetted by OPEC production cuts, the U.S. sanctions on Venezuela oil and other factors can snowball into an energy crunch and impact oil price, warned an industry expert.
Kalyan Kumar
Feb 13, 2019
With oil demand growth slowing, it's entirely possible that U.S. production alone will increase more than global demand in the next few years.
Adam Levine-Weinberg
Nov 12, 2018
Jim Ratcliffe topped the Sunday Times Rich List 2018 with an estimated worth of £21.05bn.
Staff Reporter
May 13, 2018
Government says drop in Chinese demand could spell very bad news for the industry.
Gaurav Sharma
Jan 08, 2018
The past 12 months have been largely positive for the stock markets, but the macroeconomic scenario appears increasingly uncertain as we enter 2018.
Carlo Alberto De Casa
Dec 18, 2017
However, sugar cane diversion to ethanol production in Brazil means global prices remain high.
Gaurav Sharma
Dec 18, 2017
Industry will remain a focus of increasingly stringent decarbonisation policies as nations address their climate goals.
Gaurav Sharma
Dec 14, 2017
Growth in demand, rising profits and regulatory support bodes well for the industry, according to a new report.
Gaurav Sharma
Dec 08, 2017
Russian and Saudi oil ministers came together to drive an extension of output cuts for another 12 months in line with market expectations.
Gaurav Sharma
Nov 30, 2017
Mohammed Saleh Al-Sada tells IBTimes UK that global crude demand remains healthy and the market is rebalancing.
Gaurav Sharma
Nov 30, 2017
Russia's participation is less than certain after Kremlin expresses concern about length of the proposed extension.
Gaurav Sharma
Nov 30, 2017
Having spent the last 10 years covering Opec, the IBTimes Business Editor provides a peek inside the 'central bank of oil'.
Gaurav Sharma
Nov 29, 2017