A landmark interim deal between the United States and Iran aims to end a protracted war and reopen the vital Strait of Hormuz. This agreeme...

America is close to a deal with Iran to end the ongoing war. President Trump announced a memorandum of understanding is expected soon. Howe...

Global oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...

The head of the International Atomic Energy Agency has declared a recent drone attack on the Barakah nuclear plant in the UAE a serious com...

US President Trump's cautious optimism regarding Iran negotiations has been shattered as Tehran suspends talks, citing Israeli actions in L...

Supplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...

Two Chinese oil tankers have passed through the Strait of Hormuz. This follows positive comments from U.S. President Donald Trump and Vice ...

The United Arab Emirates said six drones were launched from Iraq towards its territory over the past 48 hours, including one that struck ne...

Drones that struck the UAE's Barakah nuclear power plant originated from Iraq. This suggests Iranian-backed Shiite militias may be responsi...

India is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...

UAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...

Iraq can quickly restore crude exports to about 3.4 million barrels per day within a week if the war ends and the Strait of Hormuz reopens,...

Iranian-backed Iraqi group Kataib Hezbollah has warned of attacks on energy facilities if any attempts to forcibly reopen the Strait of Hor...

OPEC+ will boost oil production by 206,000 barrels daily from May. The cartel warns that repairing damaged energy facilities from conflicts...

Brent crude prices surged over 4% as Iran's Revolutionary Guards threatened energy facilities in Saudi Arabia, UAE, and Qatar following an ...

Iraq has significantly reduced its oil output by nearly 1.5 million barrels daily. This drastic measure is a direct consequence of the ongo...

Iraq has offered three discovered oil blocks to India and agreed to meet country’s growing energy demand by raising crude oil supplies.