Exxon warns of $6.5bn hit from Iran war as hedging timing masks gains
US oil group says bulk of impact on first-quarter earnings is accounting issue that will be offset as contracts complete
US oil group says bulk of impact on first-quarter earnings is accounting issue that will be offset as contracts complete

US consumer goods group said it may raise prices as conflict drives up costs of fuel and packaging

Soaring fuel prices and access to cheap North American crude oil put American refiners in pole position

Extent of increase likely to depend on whether Tehran retaliates with attacks on oil infrastructure or shipping in Strait of…

Bank sees risks of surge in government borrowing costs and of hit to ‘rich’ asset prices

American carriers’ decision not to hedge future purchases has left them exposed to sharp swings in oil prices

Vitol, Trafigura and rivals expand credit lines in anticipation of prolonged disruption to global oil and gas flows