Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involv...

Oil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...

Foreign workers are largely staying in Gulf countries despite six months of conflict, choosing higher, tax-free salaries over weaker prospe...

Indian refiners and a global energy major will avoid Iran's blacklisted ships. This decision stems from security concerns over vessels cros...

As of 2026, nearly half the world's oil originates from conflict-affected nations. Current oil disruptions have surpassed previous energy c...

Nearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...

Indian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed to new US...

Iran has vowed to retaliate against expanded US economic sanctions, warning Washington of attacks on vital interests and energy chokepoints...

Shipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...

Iran has blacklisted forty-five tankers for violating its Strait of Hormuz transit rules. The Persian Gulf Strait Authority announced these...

India and the Gulf Cooperation Council reviewed free trade agreement negotiations in Riyadh. Discussions focused on strengthening bilateral...

European shares edged lower on Monday as technology stocks came under pressure, while investors awaited US sanctions on Iran, Nvidia’s resu...

Iran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest fi...

Tehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the pa...

The SS Gulfoil, a World War II tanker, has transformed into a stunning coral reef over the years. After resting on the seabed for decades, ...

Abu Dhabi National Oil Company is offering spot crude oil in a tender. This tender is for Upper Zakum, Umm Lulu, and Das crude oil. Bids ar...

Indian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to hig...