Oil surged over 7% as Israel-Iran conflict sparked fears of disrupted exports through the Middle East Strait of Hormuz chokepoint places 20M bpd at risk, threatening key OPEC producers' global oil ...

This shift follows a decision by OPEC+—a coalition of the Organisation of the Petroleum Exporting Countries and key allies—to increase collective oil production by 411,000 barrels per day in July, ...

Rwanda and Democratic Republic of Congo technical teams initialed a draft peace agreement that is expected to be signed next week, the two countries and the United States said on Wednesday, aiming ...

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