energy

The reinstated U.S. blockade on Iranian oil exports is effectively preventing Tehran from exporting oil, making Iran’s oil volumes irrelevant for global oil market balances, Bob McNally, president of Rapidan Energy Group, told CNBC on Thursday. The U.S. brought back the blockade in the Gulf of Oman

As tensions flare in the Gulf, triple digits could return in a flash

Mitsubishi Electric to buy PCI Energy Solutions for $1.4B

As tensions flare in the Gulf, triple digits could return in a flash

As tensions flare in the Gulf, triple digits could return in a flash

Japan’s import bill reached an all-time high in July, driven by higher oil prices, to a total of $76.39 billion. This was up by 27.8% from July 2025, Reuters reported, citing import and export data. In volume terms, Japan’s crude oil imports ticked up by 5.5% from a year earlier, but in price terms,

As tensions flare in the Gulf, triple digits could return in a flash

FTSE 100 Live: UK Stocks Set to Outperform Europe as Energy Shares Slide

Oil-exporting countries looking to secure their own fleets are driving prices, particularly for readily available vessels

Ashok Leyland MD & CEO Shenu Agarwal discusses how sustained oil strength could reshape demand, costs and opportunities for one of India’s most iconic commercial vehicle makers. He also talks about positioning the company at a critical juncture in its Middle Eastern journey. Shenu speaks with Haslin