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A drone view of a pump jack and drilling rig south of Midland, Texas, US, 11 June 2025. REUTERS/Eli Hartman//File Photo

Brent crude to stay high short term, decline sharply in H2 2026: EIA

The EIA forecasts prices will fall below $80 per barrel in the third quarter and ease further to around $70 by the end of the year.

A tanker sails in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Photo: REUTERS/Stringer/File Photo

Oil jumps over 4% after Trump says US to keep up attacks on Iran

People queue to buy petrol at a petrol station after Vietnam's trade ministry called on local businesses to encourage their employees to work from home to save fuel amid disruptions in supply and price surges triggered by the US-Israeli conflict with Iran, in Hanoi, Vietnam, March 10, 2026. Picture taken with a mobile phone. Photo: REUTERS/Khanh Vu

Asia barters for scarce energy as Iran crisis throttles supplies

Photo: UNB

Gold ticks up as dollar slips on Mideast de-escalation hopes

Workers work on a production line, manufacturing tank containers at a factory in Nantong, Jiangsu province, China April 7, 2025. Photo: cnsphoto via REUTERS/File Photo

Asia's factory activity slows on cost pressure from Iran war

Unilever imposes global hiring freeze, citing Middle East war effects: Memo

Photo: UNB

Gold set for worst month in more than 17 years as US rate-cut hopes fade

Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken, June 6, 2023. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

Brent heads for record monthly jump as Houthi attacks widen Gulf conflict

The financial district with the headquarters of Germany's largest business bank, Deutsche Bank (C), is photographed on early evening in Frankfurt, Germany, January 29, 2019. Photo: REUTERS/Kai Pfaffenbach/File Photo

German firms trapped between US and China: Study

A truck unloads a shipping container at Pyeongtaek port in Pyeongtaek, South Korea, July 8, 2025. Photo: REUTERS/Kim Hong-Ji/File Photo

South Korea exports to rise most in nearly 5 years, imports also higher on Mideast conflict: Reuters poll

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, September 9, 2024. REUTERS/Brendan McDermid/File Photo

Iran war volatility strains trading in world's biggest markets

A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025. Photo: REUTERS/Dado Ruvic/Illustration//File Photo

Global markets rattle as Hormuz disruption drives oil above $115

A bird flies by the Vedanta office building in Mumbai August 16, 2010. REUTERS/Danish Siddiqui/File Photo

India's Vedanta to split into five companies next month: FT