Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.

Oil prices surged in early trade today as Brent crude prices surged toward a high near the $114/barrel mark. The rally was triggered by a dangerous escalation in Middle Eastern hostilities.

Iranian strikes on Shell and Exxon facilities in Qatar and Saudi Arabia pushed oil prices to $109/barrel. Trump warned of retaliation over LNG plant attacks.

Gas prices soar as Shell plant damaged in attack on Qatar energy site - British energy giant Shell said the attack caused ...

Iranian attacks hit Shell's Pearl plant in Qatar and Exxon's Samref refinery in Saudi Arabia, pushing oil prices to $109 amid escalating tensions.

Iran hit a Saudi refinery on the Red Sea and set Qatari liquefied natural gas facilities and two Kuwaiti oil refineries ablaze, sending international oil and gas prices soaring Thursday. The strikes ...

Oil and gas prices have surged after Israel struck Iran’s South Pars gas field, the largest in the world, prompting retaliatory attacks across the region ...

Missile strikes on QatarEnergy's Ras Laffan hub, home to Shell, ExxonMobil and Chevron operations, have left the world bracing for yet more price shocks ...

Pump prices in Singapore saw a fourth consecutive day of adjustments on Thursday (March 19) as Sinopec, followed by SPC, raised its respective posted price for diesel by 7 cents.This mirrored the ...

BRITISH gas prices soared by more than 20 per cent to a three-year high this morning after attacks on energy sites in Iran and Qatar.Campaigners branded the spike in prices the “Trump Tax on Energy” ...

European gas prices surged 28% and oil gained 6% on Thursday after Iran attacked energy infrastructure in the Middle East in ...

Speaking of energy, US Treasury secretary Scott Bessent has said that Washington might “unsanction” Iranian oil that is ...