Tag: energy markets

Oil prices top $90 a barrel amid rising Middle East tensions

Economy July 20, 2026 at 10:52

Oil prices rose above $90 a barrel during Asian trading on Monday, reaching their highest level since June as the escalating conflict in the...

Rising oil prices pose wider economic risks

Economy July 17, 2026 at 09:53

Rising Middle East oil prices are expected to have consequences far beyond higher fuel costs, with an economist warning of mounting inflationary pressures, possible interest rate...

Oil prices return to pre-Iran war levels

International June 25, 2026 at 16:50

Crude prices fall as shipping resumes The price of oil has fallen to levels not seen since before the Iran war as traffic through the...

Global oil prices drop – when will Cyprus see the effects?

Cyprus June 22, 2026 at 13:56

The oil prices outlook in Cyprus is turning more positive for consumers, following a sharp weekly decline in international crude markets linked to easing...