Shell CEO Wael Sawan warns Europe will be next to face an energy supply crunch.

The closure of the Strait of Hormuz has created a daily supply deficit of around 15 million barrels of oil, triggering fuel shortages in countries that rely heavily on Middle…

UK drivers have already paid an extra £307m for petrol and diesel since the war in Iran began

Wael Sawan says energy shortages on way if strait of Hormuz does not reopen to oil and gas shipping

Shell CEO Wael Sawan warns Europe will be next to face an energy supply crunch.

L'Europa potrebbe trovarsi ad affrontare una carenza di carburante entro aprile a causa della riduzione delle forniture da parte dell'Iran a c...

Energy markets are starting to reflect the growing risk of physical supply disruptions.

The oil industry's grim outlook for global oil and gas supplies stands in contrast to the Trump administration's promise that the disruption is short term.