Brent crude dropped about 4.7% to $83.81 after President Trump said new negotiations with Iran would begin and he paused planned strikes, easing near-term oil risk.
Shell reported $9.84bn Q2 profit as Middle East conflict cut production but fuelled trading gains, with revenue up 45% and gas output nearly halved.
China urges ceasefire and reopening of Strait of Hormuz as disruption rattles markets China has called for a lasting ceasefire in the Middle East and for...
A distant arrest with global consequences The reported capture of Venezuelan President Nicolás Maduro by US forces over the weekend may have happened thousands of kilometres...
US Oil Giants Circle Venezuela Again as Washington Eyes a Post-Maduro Energy Reset For the first time in years, Venezuela’s battered oil sector is back in...