Crude futures were lower after the IEA cut its 2025 demand growth estimate by around 300,000 barrels a day, citing an expected negative impact of U.S. tariffs on global economic growth.

The site, which is one of Iran’s main oil facilities, could be seen in video footage engulfed in large plumes of smoke. Emergency services working on the area have said “the port remains in a ...

Oil futures fall over 2% on Iran nuclear deal progress and OPEC+ output plans, pressuring crude oil prices and dimming ...

Oil prices fell more than 2% on Monday on signs of progress in talks between the U.S. and Iran, while investors remained ...

Iran will sign a $4bn energy agreement with Russian companies, Iranian Oil Minister Mohsen Paknejad has announced, as the two nations seek to bolster ties while trying to cope with punishing ...

NEW YORK (Reuters) -Oil prices settled more than $1 per barrel higher on Tuesday as new U.S. sanctions against Iran and rising equity markets helped spark a recovery rally from the prior session's ...