Iran's Revolutionary Guards said on Saturday that an oil tanker had exploded and caught fire after hitting a naval mine while transiting th...

Trump and Iran both say the November 3 US midterms are not driving their decisions on the seven-month war, even as the conflict weighs heav...

Brent crude fell 1% to $103, while West Tax Intermediate was down 0.75% to $90.5. In the previous session, Brent crude futures settled $4.0...

The United States has imposed sanctions on Iran's shadow fleet of tankers transporting oil. These sanctions target 17 vessels linked to the...

Tankers face growing risks of attacks and intimidation while navigating the Strait of Hormuz after Iran warned regional countries against o...

Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...

Rising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...

Iran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facil...

Attacks on tankers in the Strait of Hormuz reached unprecedented levels during the week of September 28 to October 5. There were at least 1...

Oil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hor...

As a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending st...

The US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Br...

Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...

Yemen's government has launched a military operation against the Iran-backed Houthi rebels near Taiz city. An Israeli airstrike in Gaza kil...

Iraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...

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

Indian oil refiners are now hiring tankers to pick up crude oil within the Persian Gulf. This approach helps cut costs and secure supply ch...