A US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation...

US President Donald Trump said he hoped the war against Iran was nearing an end and reiterated that Tehran “want[s] to make a deal.” Separa...

Crude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...

The US military destroyed two Iranian boats attempting to seize a drone ship. This incident occurred in waters off Iran, escalating recent ...

Shipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...

Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...

The world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...

The Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...

The Houthi capture of Yemen's Red Sea coastline is strengthening Iran's leverage over Gulf energy routes, forcing Saudi Arabia and its neig...

The International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...

The White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...

Oil prices are inching closer to the $100 mark as shipping routes come under rising attack. The Houthi grip on Yemen's Mocha port poses ris...

US President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...

State oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...

International crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...

Goldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...

Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...