Brent crude hovers near three-month lows as Gulf oil production rebounds faster than expected, with Iran, Saudi Arabia and the…
US-Iran peace deal could lower oil prices immediately, but physical market recovery will take months due to shipping and insurance…
Iran threatens to quit truce over Israeli strikes in Lebanon, closing Strait of Hormuz and heightening global energy crisis fears.
Malaysia’s fuel subsidies jumped to RM3.2bil in a week as Strait of Hormuz disruption drove oil prices near US$120.
Oil surges after US strikes on Iran; Strait of Hormuz disruption sparks global supply fears despite IEA reserve release.
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