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OPEC+ will consider a larger-than-expected oil output increase on Sunday, two OPEC+ sources said after the U.S.-Israeli war on OPEC+ member Iran and Tehran s retaliation led to shipment disruptions in the Middle East. MORE..

1 Mar 2026 (5:30 PM)

Pope Leo XIV voiced concern on Sunday about developments in the Middle East and Iran, urging the parties involved to stop what he called a "spiral of violence" before it becomes an "irreparable abyss." MORE..

1 Mar 2026 (7:14 PM)

The Ceylon Petroleum Corporation (CPC) says it will continue fuel distribution without interruption. MORE..

1 Mar 2026 (9:01 PM)

An oil tanker was attacked about five nautical miles off the coast of Masandam in Oman, the country s maritime security center said Sunday. MORE..

1 Mar 2026 (4:10 PM)

The US military has said three service members have been killed in action. MORE..

1 Mar 2026 (10:13 PM)

Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, #8204;oil traders said, while analysts predicted that prices could climb as high #8204;as $100 after U.S. and Israeli strikes on Iran plunged the Middle East into a new war. MORE..

1 Mar 2026 (11:02 PM)