Eneos Holdings is the sole remaining bidder for Chevron’s Asian assets in a deal that could exceed $2 billion.

Global oil prices climb above $110 per barrel following reports that President Donald Trump has rejected a proposal from Iran to end the conflict.

Global oil prices have risen above $110 per barrel following reports that President Donald Trump is dissatisfied with a proposal from Iran aimed at ending the ongoing conflict.

EU nations commit over €10 billion to shield consumers and businesses from energy price spikes driven by the war involving Iran. The funding aims to mitigate the economic impact of rising costs across the bloc.

European Union member states have pledged more than €10 billion in financial support to protect consumers and businesses from rising energy costs linked to the ongoing war involving Iran.

Bank of Japan holds interest rates steady as three board members dissent, call for hike.

The Bank of Japan kept its interest rates unchanged, but three board members dissented and called for a rate increase.

BP reports quarterly profit of $3.2 billion, more than doubling its earnings. The company cites increased trading activity linked to the war in Iran as a primary driver for the growth.

BP reported a quarterly profit of $3.2 billion, more than doubling its previous results, which the company attributed to increased trading activity linked to the war in Iran.