OilPrices

IMF Managing Director Kristalina Georgieva warned on May 4 that the Middle East conflict is pushing the global economy into an ‘adverse scenario’ with oil prices expected to remain at …

Brent crude jumped more than 7% to nearly $95 per barrel on Monday as the US-Iran ceasefire nears expiry on April 22. Iran has re-closed the Strait of Hormuz following …