Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.

The group of Western powers, which have remained cautious about the war in Iran waged by Israel and the US, met on Wednesday ...

G7 finance ministers and central bank governors are set to convene for a key meeting as diplomatic tensions escalate over the ...

The G7 countries meeting on Monday to discuss measures to curtail the oil supply shock from the ongoing war in Iran have not ...

Ermotti’s remuneration remains a politically sensitive topic in Switzerland, as lawmakers continue to revise the country’s ...

Energy ministers of the G7 said on Wednesday they stood ready to take "all necessary measures" in coordination with the ...

The Group of Seven industrialized nations agreed Wednesday to explore the possibility of escorting vessels in the Middle East once se ...

Iranian oil facilities were hit as the US and Israel launched a fresh wave of airstrikes at the weekend.

The G7 group agrees to explore the possibility of escorting ships in the Middle East following the deteriorating security ...

Energy ministers of the Group of Seven (G7) on Wednesday affirmed their readiness to take 'all necessary measures' regarding oil reserves, hours before a me ...