The price of Brent crude oil, the international standard, spiked back over $100 as Iranian strikes hit ships in the regions ...

Even airlines that use hedging contracts to protect against sudden spikes in oil prices are rapidly announcing fare hikes, fuel surcharges and capacity cuts as they grapple with an unprecedented jump ...

Governments in Australia and New Zealand aren’t sitting idle in the face of spiking fuel prices. Here’s what they’re doing – and what might make a difference ...

Australia’s Defence Industry Minister has quipped the Opposition should ask Donald Trump when the Strait of Hormuz will reopen amid questions about the nation’s fuel supply disruptions.

The Israeli military says it's responding to strikes from Iran-backed Hezbollah, and warns residents in Beirut's southern suburbs to evacuate.

A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices.

Speaking at the Renewable Fuels Summit in Sydney on Thursday, airport chief executive Scott Charlton called out the lack of fuel security in Australia – now firmly in focus due to the Middle East ...

MidOcean Energy LP will acquire Jera Co.’s interests in Australia’s Gorgon and Ichthys liquefied natural gas export projects. The transaction would raise MidOcean’s stake in Gorgon LNG to 1.417% and ...

The US president says Iran's "leaders are gone" and "we could do a lot worse". Meanwhile, the UAE says it's responding to incoming missile and drone threats from Iran.

Economists warn that prolonged disruptions in Middle East oil flows could move the region from price shocks to fuel shortages, with broader risks to growth and inflation.