Oil prices have briefly spiked near $120 a barrel as the Iran war disrupts oil production and shipping in the Middle East.

Iran has named Mojtaba Khamenei the country’s new supreme leader following the killing of his father Ayatollah Ali Khamenei, state media reports.

Wall Street was on track to open lower again Friday as oil prices continued to climb, hitting the highest level in nearly two ...

Explore how carbon dioxide-powered Carnot batteries provide efficient, long-duration energy storage solutions for renewable energy challenges.

A mechanic cracked open a neglected engine and what he found was brutal.

The ongoing Iran conflict and rising crude oil prices are driving up consumer costs, particularly at the gas pump, and may lead to increased prices for goods, food, and inflation in the U.S.

The increase in the price of oil to over 100 dollars per barrel, during yesterday, as a result of the blockade of naval traffic in the Strait of Hormuz, had the effect of new increases in fuel prices ...

While the Central Bank currently holds a healthy $7 billion reserve buffer to manage foreign exchange demand, a prolonged oil ...

Sri Lanka is in a 'better position' to weather global oil price shocks, compared to the 2022 crisis, backed by a 7 billion dollar foreign reserve buffer, its central bank governor has said before ...

Heating oil prices are spiking this month as crude hit $120. With 4.8 million homes relying on it, now is the time to find ways to save.

As the price of crude oil surpassed $110 a barrel Monday, reaching heights not seen since 2022, consumers were feeling the ...