Russia’s leading indices rose as the main trading session started

Markets around the world could tumble on Monday and motorists are likely to pay more at the pump

Experts have warned that a prolonged conflict could push global energy prices even higher.

The conflict in the Middle East has sent oil prices soaring, as Brent Crude hit a new 52-week high on Monday.

Russia’s leading indices rose as the main trading session started

Oil prices soared at the opening of the markets on Monday as traffic through the Strait of Hormuz, a vital artery for the movement of crude oil, faces serious disruption.

The gas price growth since the beginning of the day has exceeded 30%

The price of crude oil rose to $80 a barrel and the price of natural gas jumped 30% after Iran effectively sealed off the strategic Strait of Hormuz.

Gas and home heating oil prices are on the rise as energy infrastructure falls victim to the escalating Iran war.

LONDON: Oil prices rose 3 percent on Wednesday as the US-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President…

TOKYO/SINGAPORE: Oil prices surged more than 3 percent on Thursday, extending a rally as the escalating US-Israeli war with Iran raised fears of prolonged disruptions to vital…