Trump and Iran trade threats over energy targets as war escalates

U.S. President Donald Trump and Iran threatened to escalate their war by attacking energy facilities in the Gulf, a potential ...

Spike in oil prices seen as ’a clear risk for consumer equities’

The current backdrop underscores that risk. The effective disruption of flows through the Strait of Hormuz, a route that typically carries about 20% of global oil supply, has tightened markets and ...

China’s Sinopec reports 36.8% profit drop on weak margins, energy shift

Investing.com — China Petroleum & Chemical Corp Class H (HK:0386), known as Sinopec, reported a 36.8% decline in 2025 net profit, citing weak petrochemical margins and growing substitution from new ...