Crude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...

Ship traffic through Bab el-Mandeb decreased Sunday after Houthi attacks on Saudi oil sites. Fewer than ten commodity vessels passed throug...

Brent crude futures dropped $4.89, or 5.05%, to $91.89, after briefly falling below the key $90 support level earlier in the session. US We...

Ship traffic through Bab el-Mandeb declined significantly on Sunday. This occurred after Yemeni Houthis attacked Saudi oil installations al...

The United States and Iran refrained from launching attacks for a second consecutive day as mediators worked to revive an interim ceasefire...

United States and Iran have paused attacks for a second day. Both nations are continuing efforts to return to negotiations for an interim c...

United States airstrikes against Iran have expanded over two weeks of conflict. Initial strikes targeted Iran's navy and coastal defenses i...

The US has expanded its air campaign against Iran over the past two weeks after a ceasefire collapsed amid renewed fighting over the Strait...

Persian Gulf nations are preparing to raise more debt to fund ports, pipelines and transport links that reduce reliance on the Strait of Ho...

Explosions sounded near a U.S. base in Iraq and sirens rang out in Bahrain on Friday. The U.S. military conducted its thirteenth night of s...

Bahrain activated sirens amid escalating U.S. and Iran strikes over the Strait of Hormuz. Yemen's Houthi rebels targeted Saudi oil tankers,...

The United States military conducted a twelfth night of strikes against Iran. These attacks aim to degrade Iran's ability to threaten comme...

Due to heightened security worries, Indian refiners have paused crude oil loadings from Iraq, with major players like Indian Oil Corp. and ...

Indian Oil Corp cancelled lifting Iraqi oil from Basrah Oil Terminal. Increased risks and attacks in the Strait of Hormuz prompted this dec...

Seafarers face a stark choice between financial rewards and personal danger. Many crews are refusing these dangerous voyages despite the bo...

Vessel crossings through the Strait of Hormuz decreased significantly this week. This drop occurred after a fresh exchange of attacks betwe...

In an amusing retort, Iran's foreign minister dismissed President Trump’s suggestion of charging fees for Strait of Hormuz security, claimi...