Two Chinese oil tankers have passed through the Strait of Hormuz. This follows positive comments from U.S. President Donald Trump and Vice ...

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

Two ships carrying cooking fuel have successfully passed through the Strait of Hormuz. These vessels are heading towards India. This marks ...

President Donald Trump states no help is needed from China to end the Iran war. He believes the US will win the conflict. Iran is firming i...

President Trump anticipates the war with Iran is nearing its end, with Pakistan's army chief arriving in Tehran to mediate further talks. D...

Pakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...

Global oil markets are witnessing a severe physical crude shortage as Middle East disruptions trigger frantic buying and record premiums fo...

A desperate scramble for immediately available oil supplies is occurring globally, with traders paying unprecedented prices for prompt carg...

Two empty supertankers turned back from the Strait of Hormuz at the last moment as US-Iran peace talks in Islamabad collapsed, highlighting...

Three oil supertankers are currently navigating the Strait of Hormuz, signalling a potential revival in shipping activity after weeks of di...

Bharat Petroleum Corp (BPCL) is looking at buying Venezuelan oil., said BPCL's refinery head Sanjay Khanna. However, he said that these imp...

Government-controlled refineries in India, including Bharat Petroleum and Hindustan Mittal Energy, are reportedly seeking to purchase Venez...

India plans to resume importing Venezuelan oil after a three-year pause, seizing the opportunity presented by eased US sanctions on the Sou...

The U.S. Fed will release the minutes of its latest meeting on Wednesday, which will give traders a glimpse of how high officials are proje...

Reuters reported on Friday that at least four Chinese-owned supertankers were shipping Russian Urals crude to China and a fifth supertanker...

Somali pirates have freed a hijacked South Korean-operated supertanker and its 24 crew, officials said today amid news reports that a recor...

An Indian warship opened fire at a Somali pirate "mother ship", the navy said on Wednesday, as bandits demanded a ransom for a Saudi super-...