Discounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...

Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...

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...

The landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...

Pakistan is exploring ways to revive stalled US-Iran talks following a push by China, with exploratory discussions held during Iranian Inte...

The European Union has adopted its twenty-first sanctions package against Russia. This expands restrictions on banks, cryptocurrency networ...

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,...

India has emerged as a key buyer of Russian crude, with imports from Moscow reaching record levels as refiners take advantage of cheaper oi...

Moscow has in recent weeks stepped up its use of ballistic missiles as it seeks to choke off Ukrainian strikes on oil facilities deep insid...

Ukraine launched one of its largest drone attacks on Russia, striking warehouses linked to online retailer Wildberries, an oil depot near M...

US sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...

Ransom talks for three hijacked vessels and their crew are progressing well. These negotiations involve registered countries, ship owners, ...

A few ships passed through the Strait of Hormuz on Wednesday. This occurred hours after the United States resumed its naval blockade of Ira...

Vessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...

A bipartisan US Senate bill proposes sweeping sanctions against Russia's economy. This legislation could impose tariffs on countries buying...

Iran secretly moved oil tankers through the Strait of Hormuz before US threats. US strikes followed an Iranian attack on a Cyprus-flagged c...