Japan expresses support for the International Energy Agency's proposal on releasing strategic oil reserves to stabilize the market amidst disruptions caused by the Iran war. Details of the release are ...

The International Energy Agency will meet to discuss a possible release of emergency stocks to address the supply disruption caused by the Iran war. The IEA's more than 30 members are advanced ...

It has been the most volatile day of oil trading in world history. The oil price spiralled to almost $120 a barrel at one point early on Monday, but word soon emerged of an emergency meeting of the G7 ...

NEW YORK — 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. If it might seem like the ideal ...

G7 nations will hold an emergency meeting today (9 March) to discuss surging oil prices as crude jumped above $100 a barrel and global stock markets slumped amid the escalating US-Israeli war with ...

WHAT’S HAPPENING TODAY: Good afternoon and happy Monday, readers! Did you remember to set your clock forward an hour yesterday? If the time change has thrown you off, consider taking a little nap ...

PARIS — Finance ministers from leading industrialized countries will hold an emergency meeting on Monday to discuss the possible release of emergency reserves as oil prices jumped above $100 a barrel ...

The Group of Seven nations have decided against jointly releasing hundreds of millions of barrels of crude oil reserves to stanch skyrocketing prices, which have hit over $100 a barrel in what has ...