The price of oil returned to triple digits in US dollars, as conflict in the Middle East threatens supply chains and puts a strain on global reserves. Oil crude prices topped $100 ($86) a barrel on Wednesday...
When Brent crude crossed $126 per barrel in early March 2026, the world took notice. Oil ministers convened. Finance ministries scrambled. But in the warehouses of urea traders in Kandla, in the paddy fields of...
Hot on the heels of Donald Trump’s visit, Russian President Vladimir Putin travels to Beijing for talks with Xi Jinping. DW explores how China’s trade and financial support is helping keep Russia’s economy afloat. Russia may...
The EU is waking up to an energy crisis and asking people to reduce energy consumption, as fears of a supply crunch set in. Energy analysts are calling for concrete measures and a boost in...
As Trump dials up pressure on Europe to guard the Strait of Hormuz, Russia is taking advantage of the rise in energy prices to the detriment of Ukraine and its allies in Europe. US President Donald...
US President Donald Trump has announced an agreement with Venezuela’s interim government to transfer millions of barrels of oil to the US. DW explores how the plan could be a blow to China, Russia, Iran...
India, as the world’s third-largest energy consumer, has traditionally depended on oil imports to meet its growing energy demands. This reliance not only poses challenges to energy security but also leads to a substantial outflow...
Nigeria’s military and security forces have dismantled illegal oil bunkering sites in a decisive blow against illegal trade. But can this bold crackdown lead to a permanent end to economic sabotage? Nigeria’s military and security...
Turkey is increasing its engagement in several African countries in an effort to boost its influence and trade. But with China and Russia being the dominant players there, Ankara is struggling to find its role....
Energy-hungry Pakistan wants to proceed with a natural gas pipeline connecting it and neighboring Iran. But the US has warned about the risk of sanctions in doing business with Tehran. Pakistan announced at the end of...
The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending. US rates shot up and...
With the acquisition, ExxonMobil will command a dominant position over the top oilfield in the United States. Fossil fuel emissions are considered the main drivers of climate change. ExxonMobil has sealed a $59.5 billion (€56...