Oil30 mins agoG7 to release 100 million barrels of oil and diesel after Trump export ban threatThe coordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.30 mins ago2 hrs agoWatch: Why has UK diesel price hit an all time high?Diesel has now hit an average of £2 a litre in the UK, the RAC motoring group says, with petrol prices also rising.2 hrs ago4 hrs agoThree reasons Middle East oil supply is nearly back to pre-Iran war levelsExperts say US military assistance, using shuttle tankers and pipelines bypassing the Strait of Hormuz mean exports have rebounded.4 hrs ago6 hrs agoWhy UK diesel prices have breached the £2 per litre markThe average price of a litre of diesel at the pump stands at an all-time high of 200.01p, according to the RAC motoring body. 6 hrs ago1 day agoPM warned Rosebank oil field could breach West Bank sanctionsCampaigners and Green Party leader Zack Polanski raise concerns about Rosebank's ties to an Israeli firm.1 day ago2 days agoAfrica's richest man launches Kenya oil refinery despite land protestsThe Kenya refinery is part of Dangote's ambitious bid to expand and help industralise Africa by 2030.2 days ago6 days agoTrump rejects Iran deal to reopen Strait of Hormuz in seven daysIran's foreign minister acknowledges Trump's comments, but adds that Tehran is waiting for the "definitive views" of mediators.6 days ago7 days 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.7 days ago7 days agoEmergency heating oil fund extended into winterThe scheme was initially available in Scotland for six months from 1 April.7 days ago...