Stories by Reuters

Oil sinks 7pc as Trump predicts Middle East de-escalation

Oil sinks 7pc as Trump predicts Middle East de-escalation

Oil surged to its highest since mid-2022 on fears of supply disruptions after output cuts by Saudi Arabia and other producers. Prices later retreated after Vladimir Putin spoke with Donald Trump and shared proposals for a settlement to the war, easing supply concerns, according to a Kremlin aide. Updated 10 Mar, 2026 03:55pm

Charles urged to cancel US visit

LONDON: A planned visit by King Charles to the United States should be cancelled after President Donald Trump... Published 10 Mar, 2026 07:22am

Ukraine’s assets

BUDAPEST: Hun­gary’s ruling Fidesz party has proposed that authorities hold onto cash and gold seized last week... Published 10 Mar, 2026 07:22am
Why is Asia so reliant on Middle Eastern oil?

Why is Asia so reliant on Middle Eastern oil?

While Asian refiners have been increasing the types of crude they can process to diversify their supplies, there is a limit to how much volume they can handle, as changing grades affects refined-product ⁠output and ​fuel-blending requirements. Published 09 Mar, 2026 01:43pm