European, African crude oil prices hit records on supply disruptions despite ceasefire
Photo caption: A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance,
Category : Oil
Latest and breaking oil news from various energy sector around the world. Our news analysis covers Fossil fuels and alternative energy
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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.
Oil prices soar nearly 7% after Trump threatens more Iran strikes
Photo caption: Oil Oil prices jumped by nearly 7% after US President Donald Trump reiterated threats to hit Iran “extremely hard” in the coming
