Oil

Illustration: TBS
The Big Picture

Oil wealth — a curse or a blessing?: The Middle East's trade-off with American power

Countries that aligned themselves with the US have used oil as a jump-start to global economic status. But those who resisted have seen destruction

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo
Global Economy

Oil prices rise as investors assess Iran-Israel ceasefire

An oil pump jack is seen in Artesia, New Mexico, US, April 6, 2023. Photo: REUTERS/Liz Hampton/File Photo
Global Economy

Oil rises as Iran-Israel conflict spurs uncertainty

File Photo: Oil tankers pass through the Strait of Hormuz, December 21, 2018. REUTERS
World+Biz

Could Iran's threat to close Strait of Hormuz escalate conflict with Israel?

File Photo: Oil tankers pass through the Strait of Hormuz, December 21, 2018. REUTERS
Energy

Probable Hormuz channel closure: Bangladesh's fuel imports at risk

Crude oil pouring out of a barrel. File Photo: Reuters
Energy

Oil jumps on Israel-Iran tensions – will Bangladesh's energy and exports suffer?

An oil pump jack is seen in Artesia, New Mexico, US, April 6, 2023. Photo: REUTERS/Liz Hampton/File Photo
Global Economy

Oil gains while markets assess US-China trade talks outcome

Bangladesh Chief Adviser Muhammad Yunus speaks to Nikkei Asia in Tokyo on 29 May. Photo: Nikkei Asia
Bangladesh

Bangladesh ready to buy more US cotton, oil to reduce trade gap: Yunus

US President Donald Trump gestures upon arrival at Newark Liberty International Airport, after attending Pope Francis' funeral, in Newark, New Jersey, US, April 26, 2025. Photo: REUTERS/Nathan Howard
World+Biz

Trump threatens sanctions against buyers of Iranian oil after US-Iran nuclear talks are postponed

British energy giant BP located oil at the Far South prospect in the deepwater Gulf of America. Photo: BP
World+Biz

BP announces new oil discovery off US Gulf coast

An oil pump jack is seen in Artesia, New Mexico, US, April 6, 2023. Photo: REUTERS/Liz Hampton/File Photo
World+Biz

Oil prices set to drop for a second week over US-China trade war concerns

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier
World+Biz

Oil set for worst week in months over Trump's tariff blow

An oil pump jack is seen in Artesia, New Mexico, US, April 6, 2023. Photo: REUTERS/Liz Hampton/File Photo
World+Biz

Oil slump as Trump's higher-than-expected tariffs expected to crimp demand