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India has lowered fuel taxes in a bid to protect consumers from rising global energy prices – a result of the United States and Israel’s war on Iran. Petroleum Minister Hardeep Singh Puri said in a ...

It’s been almost 100 years since the US had tariffs at the level they could reach next Friday. Once President Donald Trump’s planned tariffs take effect, Americans will see an average tax of 18.3% for ...

CAIRO, March 18 (Reuters) - Egypt's energy import bill has more than doubled since the outbreak of the U.S.-Israeli war with Iran, Prime Minister Mostafa Madbouly said on Wednesday, underscoring ...

NPR's Ayesha Rascoe talks to University of Texas engineering professor Hugh Daigle about why the U.S. imports most of the oil it consumes despite being one of the world's largest oil exporters. The ...

DXY dropped to 97.882 after rejecting the 50-day MA at 98.10, with bears eyeing support at 97.626 and 97.109. Rising U.S. import and producer prices raise inflation fears, increasing pressure on the ...

The government has decided to temporarily designate naphtha, which is experiencing supply disruptions due to the closure of the Strait of Hormuz amid the Middle East crisis, as an economic security ...

President Trump is set to announce a tired system for its broad tariffs on steel and aluminium, according to reports in Bloomberg on Thursday. The Trump administration will maintain 50% tariffs on a ...

Nigeria has reportedly stopped issuing licences for petrol imports as authorities push for greater reliance on local refining. The move follows increased production from the Dangote Petroleum Refinery ...