India's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...

Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...

The Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...

Brent crude futures dropped around 1% to $72.50 a barrel while US West Texas Intermediate (WTI) crude futures ⁠fell around 0.7% to $70.28 p...

Oil prices dipped as markets keenly watched potential U.S.-Iran talks in Doha, following recent missile exchanges that tested a fragile cea...

Doha is set to host crucial talks between Iran and the U.S. this week, though Tehran denies any scheduled meetings with American officials....

Trump issued a stark warning to Iran, saying the nation would cease to exist if forced back into war, following US strikes on Iranian targe...

Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...

Indian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...

Middlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...

Global crude oil prices fell sharply on Friday, with Brent slipping below $75 a barrel, as fears of supply disruptions through the Strait o...

China's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...

Traffic through the Strait of Hormuz is showing a marked improvement following a US-Iran agreement, with an average of 22 commodity ships d...

US Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...

A tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...

Iran US War: United States Vice President JD Vance reported significant progress in talks with Tehran, aiming for a permanent end to the re...

Washington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....