Oil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...

Oil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have he...

US forces escorted forty commercial vessels carrying eighteen million barrels of oil. Simultaneously, American troops struck nearly sixty I...

Iraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage appro...

Iran has expanded its list of vessels prohibited from navigating the strategic Strait of Hormuz, now including eleven additional ships. The...

Saudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The sup...

The US launched a fresh wave of attacks on Iran, prompting Iranian missile strikes on what Tehran said were US assets in Jordan, Bahrain, K...

United States forces struck two Iranian government tankers on Tuesday. These strikes were part of a new policy aimed at deterring attacks. ...

Brent crude futures rose 87 cents, or 0.92%, to $95.52 a barrel by 0008 GMT, while U.S. West Texas Intermediate crude futures climbed 80 ce...

Washington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...

US Treasury Secretary Scott Bessent revealed plans for new sanctions targeting Iran-linked banks soon. The department is also investigating...

Two supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, s...

On Friday, 14 vessels passed the strait including a very large crude carrier laden with 2 million barrels of Qatari oil that exited with it...

Brent crude futures climbed $1.08, or 1.23%, to $89.18 a barrel as at 0040 GMT while U.S. West Texas Intermediate crude was at $84.32, up 9...

Sri Lankan authorities are monitoring eleven Iranian oil tankers near their southern coast. These vessels are US-sanctioned and cannot retu...

Iranian President Masoud Pezeshkian urged Muslim nations to strengthen regional security and stability. He emphasized expanding cultural, c...

The United States is implementing economic sanctions alongside a naval blockade aimed at Iran. These new measures specifically target coope...