Oil and Gas Prices to Remain High in Europe at Least Until the End of 2027, Officials Say

Which Countries Are Profiting From the Iran War Oil Shock

An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.

White House ‘freaked’ over potentially breaking $5.02 gas record set under Biden

President Donald Trump has often boasted about his administration’s economic policies by comparing them to high prices under the Biden administration

India's tryst with oil shocks: How crude prices shaped economy and policy in last five decades

India's economy has faced significant challenges from global oil price surges over the past fifty years. From the 1973 Arab embargo to the recent Hormuz disruption, these shocks have impacted inflation and foreign exchange reserves. Policymakers have continuously adapted strategies to manage these crises, balancing economic stability with consumer needs.

Morocco farmers saw hope in rain, but Mideast war inflates production costs

After years of drought, Moroccan farmers looked forward to an abundant harvest this year. Heavy rains over the winter saw parched landscapes turn green and farmers went back to their fields. But their hopes were quickly shattered when fuel and fertiliser costs skyrocketed due to the war in Iran.

Opinion | India's Oil Reserves: How Long Can They Last As Iran War Continues?

From a future energy security perspective, India will have to significantly enhance its SPR capacities from 17 days to a minimum of 45 days on land, with the possibility of another 10-15 days of SPR on sea on tankers.

Oil and gas prices to remain high in Europe at least until the end of 2027, officials say

NICOSIA, Cyprus (AP) — European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices of other goods also following an upward trajectory.