Oil prices surged despite the largest coordinated strategic reserve release in history as escalating attacks on shipping in ...

The closure of the Strait of Hormuz has shattered the traditional diesel–jet pricing relationship in Europe, pushing the ...

Oil markets are bracing for an even bigger potential price shock with Iran on Wednesday warning that crude could surge to ...

Crude oil inventories in the United States increased by 3.8 million barrels during the week ending March 6, according to new ...

Saudi Aramco has asked Asian buyers to nominate crude loading plans for both its Gulf and Red Sea ports as the Strait of ...

Armenia and Azerbaijan cautiously congratulated Iran’s new Supreme Leader Mojtaba Khamenei while trying to preserve relations ...

A cargo vessel caught fire after being struck by an unknown projectile in the Strait of Hormuz, underscoring escalating risks ...

Despite deep military coordination in the war against Iran, the United States and Israel appear to have differing priorities ...

Two oil tankers carrying Iraqi fuel products caught fire after being struck near Iraq’s southern export terminals, highlighting escalating maritime attacks threatening Gulf energy shipping.

The effective closure of the Strait of Hormuz, through which 20 percent of global oil supply normally flows, has driven tanker traffic down roughly 90 percent, created a net daily supply shortfall of ...

Equinor has signed a two-year agreement to supply bio-methanol to Wallenius Wilhelmsen for use as marine bunker fuel in the shipping company’s upcoming dual-fuel methanol vessels. Under the deal, the ...

Oil markets continue to experience heightened volatility as the Middle East conflict escalates, with oil prices trending north on Wednesday, shortly after U.S. President Donald Trump signaled that the ...