Discussions are ongoing regarding potential sanctions relief on shadow fleet vessels transporting legal oil and products. Companies would n...

In an effort to address soaring shipping costs, the Trump administration is evaluating the possibility of easing restrictions on sanctioned...

Saudi Arabia's Crown Prince Mohammed bin Salman has declined Israeli Prime Minister Benjamin Netanyahu's request for military cooperation a...

The conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...

Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, ...

Oil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from ...

Saudi Arabia is facing alarming setbacks following Houthi assaults on vital infrastructure, particularly at Riyadh airport. These attacks h...

Brent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...

Efforts to resolve the US-Iran war are heavily influenced by Iran's nuclear program and shipping routes. The Strait of Hormuz plays a cruci...

In times like these, the market will have its green and red days. What matters, however, is not the colour of a single day, but the things ...

Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...

The US military is deploying approximately 9,000 additional troops to the Middle East aboard ships for heightened tensions with Iran. Presi...

Saudi Arabia has sold almost 100 million barrels of crude to Asian buyers, including refiners in India and China, helping ease supply conce...

Saudi Arabia’s civil defence authorities on Thursday issued alerts warning of potential danger in Mecca, Jeddah, Yanbu and Tabuk, advising ...

Combined Russian and Ukrainian wheat exports are estimated to end up at roughly half what they were last year for the July to September har...

India voiced deep concern regarding escalating Red Sea security and Houthi attacks on Saudi territory. The government condemned these strik...

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 ...