Oil11 mins agoIran offers US deal to reopen Strait of Hormuz in seven daysAsked about the Iranian offer, a US official told the BBC "constructive discussions" were taking place through mediators.11 mins ago14 hrs agoAfrica's richest man helps fund $660m fuel pipeline between Ethiopia and DjiboutiThe pipeline would strengthen energy security in landlocked Ethiopia, while creating jobs at Djibouti's port.14 hrs ago17 hrs agoEmergency heating oil fund extended into winterThe scheme was initially available in Scotland for six months from 1 April.17 hrs ago17 hrs agoUK diesel price close to all-time highThe average price of a litre of diesel at the pump stands at 198.32p, according to the RAC motoring body.17 hrs ago4 days agoWhy is the Bab al-Mandab Strait so important?The BBC's Frank Gardner explains why the narrow waterway is key to oil transportation and the world economy.4 days ago4 days ago'How are we expected to pay for it?': Drivers' fears as fuel prices soarDrivers and firms in the West Midlands say rising prices are hitting budgets and forcing cutbacks.4 days ago7 days ago'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with IranThe bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.7 days ago17 Sept 2026'This is our company': Nigerians show off oil wealth after share-buying frenzyMany Nigerians buy their first ever shares - in the oil refinery owned by Africa's richest man, Aliko Dangote. 17 Sept 202617 Sept 2026India faces 100% tariff threat over Russian oil after US House voteTrump’s tariff threat puts India’s Russian oil strategy- and its access to the US market - in a new bind.17 Sept 2026...
