Plenty of world leaders would have been pleased to see the back of Ali Khamenei, Iran’s supreme leader. But China’s foreign minister Wang Yi wasn’t among them.

US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, due to market turmoil over war in the Middle East. The US-Israel strikes on Iran and Tehran's retaliatory attacks across the Gulf region have upended the world's energy and transport sectors,

(Bloomberg) -- President Donald Trump’s energy chief said that the US can help Venezuela drive a “dramatic increase” in oil, natural gas and electricity output this year, as Washington works to issue new licenses aimed at “setting free” the ...

China is the largest importer of energy in the world, and the disruption to oil imports caused by the conflict could be a potential Achilles' heel for Beijing.

President Vladimir V. Putin threatened to cut off remaining gas supplies to Europe as the Iran war drives a surge in energy costs.