Residents said the oil spill along Gowers Well Road in Fyzabad began at 3pm on Wednesday and continued throughout the evening.

Iran to solve oil crisis, with the upper hand in nuclear talks? A full return of Iranian oil would have an effect, but does it give Tehran a major advantage…

The steep decline followed a statement from Foreign Minister of Russia Sergei Lavrov that Moscow is in favour of the 2015 Iran nuclear deal.

British PM Boris Johnson (BoJo) is reportedly planning to push the Saudis and Saudi Crown Prince Mohammad bin Salman to pump more oil.

Keith Rowley has told the populace that the Government cannot insulate it from the price hike which is currently affecting the oil industry.

According to a Reuters poll, an overwhelming majority of Americans from both parties support a ban on Russian crude oil.

The Russia invasion of Ukraine may offer Venezuela the chance to convince Biden to reduce or drop US sanctions on its oil industry.

Scott Sheffield, who said oil would “easily” go to $150-$200 a barrel if there's a Western world ban Russian oil and gas.

The euro zone despite the sanctions, is particularly dependent on Russia energy and is therefore the most exposed to stagflation risks.

European Union leaders will agree at a summit this week to phase out the EU dependency on imports of Russian gas, oil and coal.