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As cost at the pump declines to nearly two-month low, analysts warn risk of a surge ‘has not completely disappeared’

Gina Rinehart, a mining mogul, is backing the rocket maker, citing Musk’s record on space travel and government.

Mediators spent weeks working on a plan to bridge nearly half a century of hostility between Washington and Tehran

Prime minister launches a fierce defence of his wartime policies, insisting the strikes on Iran had been a success

In addition, some producers in the Middle East paused extracting oil from the ground, known as a shut-in, when they ran out of storage space.