For the third time in four years, Europe is waking up to discover that it has sleepwalked into yet another energy crisis." When Russia illegally invaded Ukraine in February of 2022, Europe was caught ...

LONDON, April 30 (Reuters) - Renewed risk aversion swept global equity and bond markets on Thursday and oil surged to a four-year high on worries that the Iran war could worsen, before what could be ...

Oil markets are operating under a "veneer of stability", strategists say, but physical shortages could strike Europe by the end of this month. Even a swift reopening of the Strait of Hormuz would ...

European leaders presented a united front in criticizing the U.S. decision to ease sanctions on Russian oil to lessen the impact of the Iran war on global energy markets. European leaders have been ...

European stocks edged higher on Thursday, reversing morning losses, as investors assessed more earnings and central bank ...

Europe faces an imminent jet fuel crisis as the Iran war and Hormuz disruption cut off key Middle Eastern supplies. Long-term refinery closures and rising import dependence have left Europe highly ...

European militaries are taking steps to boost their use of alternative fuels as supply shocks from the war in Iran accentuate the risks surrounding the continent’s reliance on importing fossil fuels.

LONDON, March 30 (Reuters) - The European and African oil market is showing more signs of tightness with some crude differentials hitting record highs as peak summer ‌demand nears and Asia seeks ...

With roughly 20% of global oil flowing through the Strait, each disruption sends prices higher and highlights Europe’s continued dependence on fossil imports routed through geopolitical chokepoints.

LONDON, April 9 (Reuters) - European and African crude oil prices climbed to fresh records on Wednesday, defying a sharp selloff in oil futures after a U.S.-Iran ceasefire was reached on Tuesday, as ...

JPMorgan Chase & Co. analysts are telling investors to buy European oil and gas stocks like Shell Plc or TotalEnergies SE, arguing that US military strikes on Iran could keep energy prices elevated.