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This is the latest in a series of measures undertaken by Asian countries which rely on oil from the Gulf.
The boss of Centrica says it is "too early" to speculate but if oil costs continue to rise, homes will be hit.
With oil supply disrupted, Beijing's oil reserves and renewable energy push are being put to the test.
Drivers are out thousands of dollars after a diesel was mistakenly put in the gasoline tank.
“Apparently I’m an idiot.” Woman at Pennsylvania gas station who voted for Trump rips into him, calls him “a worthless pile ...
President Donald Trump warned the U.S. will “obliterate” Iran’s power plants if it doesn’t fully open the Strait of Hormuz ...
Much of the oil produced in the Middle East is exported to Asian countries, which are now using a range of different methods ...
At $6.28 a gallon, it's got to be the most expensive gas hike in New Jersey. However, you'll never be allowed to shop there.
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Larijani, one of Iran's most senior leaders, was last seen in public on Friday taking part in Quds Day rallies. Iran has not ...
A video of vehicles queuing at a fuel station in Spain has been falsely presented online as showing people panic-buying ...
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