Energy, Oil & Gas

Oil near seven-month high as Mideast war clouds loom

Oil prices were hovering near seven-month highs on Wednesday as the threat of military conflict ​between the US and Iran ​that could disrupt supply continued ​to worry investors as talks between the parties are set for Thursday. Brent prices soared to $71.10 per barrel, their highest since July 31, 2025. ...

Energy, Oil & Gas

Middle East credit outlook for 2026 stable despite lower oil: S&P

The 2026 sovereign credit outlook for the Middle East region is stable thanks to the continued economic and credit resilience despite elevated geopolitical tensions and lower oil prices, said a S&P report, adding that the average regional growth is set to accelerate slightly to about 3.5%. ...