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Escalating military aggression in Middle East continues to wipe 20m barrels from market each day

Crude oil prices surge more than 20 percent as sprawling regional conflict threatens global energy supplies.

US Secretary of Energy Chris Wright argued that disruptions would be short-lived. 'Worst case, that's a few weeks. That's not…

Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of…

Major disruption to energy supplies threatens to push up prices for consumers and businesses around the world.

Warning from Goldman Sachs comes as crude shipping through strait of Hormuz falls further than bank thought