A coordinated release of 400 million barrels from strategic stockpiles aims to ease soaring prices and supply disruptions linked to attacks affecting energy flows through the Strait of Hormuz
Greece joins 134 nations in backing a resolution demanding Iran halt attacks on Gulf states, while Iran rejects the measure as biased and Israel warns of Tehran’s ongoing regional aggression
The blockage in the Strait of Hormuz has suddenly made Saudi Arabia’s East-West pipeline one of the most critical pieces of infrastructure in the world
The European Union has approved new sanctions targeting 19 Iranian officials and entities accused of serious human rights abuses, with the measures awaiting final approval from the Council of the EU
One member of Iran's women's soccer squad who initially sought asylum in Australia has decided to return home, while others who accepted offers are now in Kuala Lumpur, as officials work to ensure their safety and dignity
The International Energy Agency will recommend a record 400M-barrel strategic oil release at 1300 GMT (1500 EE) to stabilize markets disrupted by the U.S.-Israeli conflict with Iran, as Japan and G7 nations coordinate emergency measures
A bulk carrier operated by Greek shipowner Petros Pappas’ Star Bulk Carriers was struck near Dubai Wednesday, one of three vessels hit in separate incidents in the Strait of Hormuz, a critical global energy and shipping corridor.
Tehran is letting ships carrying its crude go through the strait, while it scares off others that would dare
Escalating tensions in the Middle East are driving up aviation fuel costs, forcing airlines to increase ticket prices, review flight routes and reconsider fleet management strategies
Government weighs measures to curb price hikes and protect households as tensions in the region threaten energy costs and market stability.
Antonio Costa linked the war with the conflict in Ukraine, saying Russia was the only winner due to rising oil prices.
Greek MEP and energy law professor Nikolaos Farantouris outlines five key factors preventing a long-term surge in international oil prices, despite recent market panic, and warns against price-gouging at pumps and supermarkets
A Lebanese-born suspect wanted by German prosecutors was arrested at Larnaca airport, accused of procuring ammunition linked to planned attacks on Israeli or Jewish targets in Germany and across Europe
Rising commodity prices and oil volatility are forcing Greek companies and officials to reassess budgets and prepare contingency measures as the Middle East conflict clouds the economic outlook.
Tehran says it will halt Middle East oil exports if U.S. and Israeli attacks continue, while Donald Trump warns Washington would intensify strikes if tanker traffic through the Strait of Hormuz is blocked
Players who refused to sing Iran’s national anthem during the Asian Cup sought asylum fearing persecution, prompting Australia to grant humanitarian visas and place them under protection
Officials say decisions on market interventions will be finalized within days as the government monitors rising fuel prices.
So far the conflagration has hit more than a dozen other countries, eight bases with a U.S. presence and four commercial ships
AI company names other agencies, officials as defendants as it alleges retaliation for policy disagreement
The fuel cap on profit margins, the exact amount of which will be decided at a prior stage, is reportedly expected to take effect immediately