Shell posts stronger Q1 profits as oil prices surge amid US-Iran conflict, despite production disruptions and rising net debt.
Browsing: oil price surge
Trump blockade Strait Hormuz threatens global energy markets raising oil prices disrupting shipping and worsening supply chain instability
Trump signals possible US exit from Iran war amid oil price surge diplomatic talks and shifting geopolitical strategy
Rising fuel and fertilizer costs squeeze US farmers, disrupt planting, and push food prices higher amid a deepening global energy crisis.
Iran’s disruption of the Strait of Hormuz is triggering a global energy crisis, with the IEA warning oil supply losses now exceed those of the 1970s shocks.
Middle East attacks disrupt energy supply, driving oil prices above $110 and raising fears of global inflation and fuel hikes.