The International Energy Agency’s 32 member nations unanimously agreed on Wednesday to a coordinated release of 400 million barrels from their emergency crude oil stockpiles in ...

A record release of oil from strategic reserves by IEA nations failed to ease concerns about the impact from the Middle East war, with crude prices pushing further higher and ...

Iran continues its strikes across the region, including in Saudi Arabia, the UAE, and Kuwait. People in Tehran have told BBC ...

U.S. companies face structurally higher oil prices this year even if ​the Iran war ends soon, meaning investors may need to rethink those sunny 2026 ‌corporate earnings forecasts. Heading into the ...

The IEA’s emergency action is in response to Iran’s effective closing of the Strait of Hormuz in the Persian Gulf. The narrow waterway normally provides a route to market for 15 million barrels a day ...