Geopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...

Brent crude hovered near the $71-a-barrel mark after briefly dipping below that level in the previous session, while US benchmark West Texa...

Brent futures slipped to near $70 a barrel in London, hitting their lowest since the week before the Iran war began on Feb 28. Saudi Arabia...

Leading European nations now acknowledge potential fees for ships transiting the Strait of Hormuz, a shift in stance following the US-Iran ...

Iran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...

Brent crude futures fell 80 cents, or 1.09%, to $70.80 a barrel, while U.S. West Texas Intermediate crude declined 90 cents, or 1.28%, to $...

Iran is determined to gain international recognition for its control over the Strait of Hormuz, including the right to levy fees on ships. ...

Oil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...

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

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

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...

Rising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. ...

US forces struck Iranian missile and drone sites following an attack on a cargo ship in the Strait of Hormuz, jeopardising a recent interim...

Iran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...

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

S&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...