The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...

Aluminium stocks tumbled up to 5% Tuesday following an interim US-Iran deal that eased supply concerns, leading to a projected further decl...

Allies are proposing a naval mission for the Strait of Hormuz. This mission aims to ensure safe passage for ships and insurers. It involves...

A year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...

India's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...

More oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...

G7 finance leaders are focused on the economic impact of the Middle East conflict. They are prepared to address soaring energy prices and t...

Europe jet fuel shortage: Europe faces a potential six-week jet fuel shortage due to ongoing supply blockages from the Iran war, raising co...

Israel-Iran war: The UAE backs Bahrain's call for UN Security Council action on the Strait of Hormuz. This critical waterway faces threats ...

China holds the United States and Israel responsible for the Strait of Hormuz closure. President Trump urged nations relying on oil from th...

Iraq has declared force majeure on its oilfields. Military operations have disrupted navigation through the Strait of Hormuz. This has halt...

Commodities may soon flow again through the Strait of Hormuz. Experts suggest military action, diplomatic talks, or shipowners taking risks...

Saudi Arabia's Red Sea port of Yanbu faced an aerial attack. This port is the country's only crude export point. The strike had minimal imp...

Gulf nations are experiencing higher food prices. A war has disrupted vital shipping lanes, impacting imports. Supermarkets in Bahrain and ...

Two oil tankers suffered devastating attacks near the Iraqi shoreline, igniting concerns as Iran took responsibility for one of the inciden...

India welcomed the International Energy Agency's decision to release 400 million barrels of emergency oil stocks to counter supply disrupti...

Saudi Arabia is reducing oil output as the Strait of Hormuz faces a near-blockage. Storage tanks are filling up. Other nations like UAE, Ku...