The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Israeli airstrikes hit Yemen's capital days after the Houthi rebels fired a missile toward Israel that its military described ...

A further escalation of the conflict between Israel and Iran could send oil and gas prices significantly higher, said Ramanan Krishnamoorti, a professor of petroleum engineering at the University ...

The country’s oil companies will implement an increase of up to P0.70 per liter effective 6 a.m. Tuesday to reflect higher ...

Iran is facing a severe water and electricity crisis just weeks after a deadly war with Israel brought the country to a ...

Oil prices fell on Monday after Iran's missile and drone strike failed to cause widespread damage in Israel and the U.S. administration made it clear it did not support a wider war with Iran.

Oil futures fell as natural gas futures rose in late US afternoon trading on Monday while the Israel-Iran conflict stretched into a fourth day. Brent futures were down 1.85% to US $72.86 per ...

A modest oil price bounce quickly disappeared when it became clear that Iran had no appetite for an escalatory spiral, with Brent crude slipping back below $70 per barrel. Even war with Iran failed to ...

In separate advisories, independent oil firms Petron, Seaoil, Jetti, Shell, Caltex, Petro Gazz, PTT Philippines and Cleanfuel ...

Oil prices climbed more than 3% on Tuesday in the immediate aftermath of an Iranian missile attack on Israel. The spike in prices is expected to push up the price of U.S. gasoline, experts told ...