An attack on Iraq's Basra port has claimed one life and forced the closure of all the nation's oil terminals. Officials confirmed the incid...

Why US stock market Dow Jones futures crash today: Dow Jones futures plunged more than 300 points to 47,144 today. The US stock market futu...

The ongoing Iran war is severely impacting vital oil and gas infrastructure around the Persian Gulf. Drone strikes and the closure of the S...

Following US airstrikes, Iran is considering retaliatory measures, potentially disrupting oil trade through the Strait of Hormuz. While a f...

Major bottlenecks have formed across the globe in recent months due to a surge in demand for retail goods from people stuck at home under p...

Opec+ will risk a period of price weakness that they believe will be short-lived.

The shipments were loaded onto tankers with documents showing the fuel oil was Iraqi.

OPEC's No. 2 producer has little choice, since its drive to boost production - which hit a record 3.15 million barrels per day last year.

Reliance Industries Chairman Mukesh Ambani, who was present at the lecture, said RIL is exploring investment opportunities in Iraq.

Coast Guard sources say any incident of piracy has to be immediately reported to it, which the Italian ship didn't follow in Kerala.

Now that insurgent attacks and sectarian bloodshed have ebbed over the past year, Iraq's govt is beginning to promote tourism. Cruise Liner...

Oil prices fell on Friday on renewed concern that a slowdown in the US economy would dampen energy demand and on news that damage to an Ira...

Oil prices fell after jumping more than $1 a barrel in the previous session as the bombing of a key Iraqi oil pipeline heightened supply co...