Oil slides as Trump tones down threats against Greenland and Iran
Photo caption: Oil pump jacks *Trump steps back from tariff threats over Greenland *IEA revises up forecasts for 2026 global oil demand growth *US
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
Oil has been the world’s most important source of energy since mid-1950s. Its products underpin modern society, supplying energy to power industry, heat homes, fuels for vehicles and various means of transportation to carry goods and people all over the world.
For this reason, it is important we stay informed on one of our high-priced goods to ensure our resources are safe and secured.
