Caracas told the World Court it does not recognize its authority in the long-running Esequibo territorial case, as Guyana seeks confirmation of a colonial-era border over a resource-rich region

UAE announced Tuesday it will leave OPEC effective May 1, ending a membership dating to 1967, as tensions with Saudi Arabia mount and the Emirates chafes under production restrictions

Speaking at the Delphi Economic Forum, Pierre Gramegna, Managing Director of the European Stability Mechanism (ESM): Oil & gas supply won't normalize quickly, inflation hits 3%, markets underestimate the crisis. Europe must accelerate, not abandon, its energy transition

Global oil markets are facing unprecedented disruption as conflict in the Middle East restricts flows through the Strait of Hormuz. Industry leaders warn the loss of supply could reshape energy, food, and industrial markets worldwide, with risks extending beyond oil

Oil prices fell by more than 9% following Iran's announcement

Japan will create a $10 billion financial framework to help Asian nations secure oil and other energy resources amid rising geopolitical tensions, aiming to safeguard regional supply chains and reduce the risk of disruptions affecting key industries.

Oil prices jumped more than 7% after the US announced plans to block shipping linked to Iran through the Strait of Hormuz, reviving supply fears and pushing crude back above $100 a barrel amid failed peace talks

Regional disparities persist, with the Cyclades once again recording the highest prices in the country, where regular unleaded reached 2.173 euros per liter.

With harsh rhetoric reflecting growing tension in Washington-Europe relations, Donald Trump attacked Britain and France over their stance on the war with Iran, urging Europeans to "learn to fight on their own."

Iran set fire to a fully laden Kuwaiti crude oil tanker anchored near Dubai on Monday.

The lesson from the Strait of Hormuz is not closure. It is control.

A Russian fuel shipment is set to reach Cuba after the U.S. president signals a shift in policy, offering temporary relief amid the island’s worsening energy crisis.

The Motor Oil Group announced adjusted EBITDA of €1.2 billion — and a generous dividend of €1.75 per share

Analysts view the measures as largely short-term “firefighting,” as volatile oil prices and ongoing war pressures continue to drive inflation and strain the economy.

Amrita Sen, founder of Energy Aspects, was also cited as warning that the situation clearly pointed to further escalation and, consequently, higher oil prices, while cautioning that assumptions Iran might back down were misplaced.

Tom Kloza, senior energy adviser at Gulf Oil, reportedly warned that markets could enter an “all bets are off” scenario if the conflict spread beyond the Gulf to energy infrastructure in Europe or the U.S.

Energy Minister Stavros Papastavrou warns the Middle East war is already pushing up fuel prices in Greece, says intervention could come if oil hits $100 a barrel and notes the country holds more than 90 days of reserves.

Qatar's energy minister told the Financial Times in an exclusive interview that a continued Middle East war could send oil to $150 a barrel and force every Gulf energy exporter to halt shipments within days.