Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.

Japan and Germany said Wednesday they would tap into their oil reserves to tackle the rise in crude prices due to the Middle East war, with Berlin saying the IEA global energy body had asked member ...

Broad agreement in G7 not to release oil reserves just yet, says G7 official There was broad agreement among the Group of ...

The group of Western powers, which have remained cautious about the war in Iran waged by Israel and the US, met on Wednesday to try to minimize the conflict's impact on the global economy.

G7 finance ministers and central bank governors are set to convene for a key meeting as diplomatic tensions escalate over the ...

As speculation grows about a new wave of tariffs that could reshape global trade dynamics, tensions between Washington and Brussels intensify. The G7 summit, aware of the potential geopolitical ...

BERLIN (Reuters) -Ongoing trade disputes with the United States should be resolved as quickly as possible for the benefit of all, German Finance Minister Lars Klingbeil said on Tuesday, ahead of ...

DURBAN, South Africa (Reuters) -German Finance Minister Lars Klingbeil made clear in a meeting with his counterparts from the Group of Seven major economies on Friday that the global trade conflict ...

Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from ...