Petronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announce...

US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, re...

The Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...

Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...

Brent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...

Russia is exploring a rail link to India through Central Asia and Iran as an alternative to maritime routes vulnerable to disruptions at th...

China is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...

Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...

China is bearing much of Asia’s crude demand reduction as the Iran war disrupts Middle East oil shipments through the Strait of Hormuz. Its...

Iran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongo...

The United States imposed sanctions on six entities and one individual linked to Iran's digital asset network. These measures followed Iran...

President Trump expressed optimism regarding negotiations over the Strait of Hormuz. He believes progress could lead to lower gasoline pric...

Yemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...

Oil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...

A proposed Iran-Oman deal would grant Tehran control over ships entering the Strait of Hormuz. Important details remain to be agreed upon r...

Iran and Oman have agreed on shipping route coordinates for the Strait of Hormuz. A joint announcement is being finalized, provided no thir...

Iran's high-ranking military advisor, Mohsen Rezaee, has dismissed US President Trump's statements about the potential reopening of the Str...