Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...

The Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...

Supertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...

US-Iran war news: Tensions flare as Iran targets Bahrain and Kuwait with drone and missile attacks following U.S. airstrikes on Iranian mil...

Iran war: Escalating tensions saw the U.S. launch airstrikes against Iran following attacks on Bahrain and Kuwait. President Trump warned o...

A crucial shipping lane through the Strait of Hormuz, near Oman's coast, is being expanded for both directions of traffic, according to a U...

Before the U.S. and Israel launched the war on February 28, about a third of globally traded urea - the world's most widely used fertiliser...

Saudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...

US Secretary of State Marco Rubio assured Gulf Arab partners of unwavering support amidst ongoing negotiations to end the war with Iran. De...

In a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...

U.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...

US Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...

United Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...

US Secretary of State Marco Rubio is in the UAE to address concerns over a new Iran deal. The agreement, brokered by Vice President JD Vanc...

Shipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...

High-level peace talks between the US and Iran have commenced in Switzerland, led by Vice President JD Vance and Parliament Speaker Mohamma...

Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...