Ukraine launched major air strikes, targeting Russia's fuel in Luhansk, a military HQ in Donetsk, and air defense systems in Crimea.

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Filipino consumers can expect a reprieve from high oil prices next week with a possible oil price rollback of as much as P2.20 per liter, as the ceasefire between Israel and Iran appears to be holding ...

Global oil prices softened as the ceasefire deal between Israel and Iran continued to hold Wednesday, resulting in a possible rollback in domestic pump prices by as much as P1.10 per liter next week.

The Ukrainian military said on Monday its forces attacked and set ablaze an oil depot in Russia's southern Rostov region used to supply Russian forces in occupied parts of Ukraine.

Oil markets are in turmoil after U.S. strikes on Iran, with fears of regional escalation and potential disruption to vital Middle Eastern energy routes.

Despite Iranian missile strikes and airspace closures, oil prices plunged as traders dismissed the risk of serious supply disruption.

Ukraine's Armed Forces struck the Atlas oil depot in Russia's Rostov Oblast overnight on June 23, the General Staff reported. The attack ignited a fire at the site, with Ukrainian forces saying ...

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.