Iraq has declared force majeure on its oilfields. Military operations have disrupted navigation through the Strait of Hormuz. This has halt...

Oil prices have surged to their highest in nearly four years. Iraq declared force majeure on oilfields. The U.S. is deploying more troops t...

The Iran war has disrupted regional stability and energy markets, with Iran blocking the Strait of Hormuz and targeting infrastructure. Thi...

Saudi oil giant Aramco is rerouting crude to the Red Sea port of Yanbu. The vital Strait of Hormuz is effectively closed due to the US-Isra...

The ongoing Iran war is severely impacting vital oil and gas infrastructure around the Persian Gulf. Drone strikes and the closure of the S...

A war involving the US and Israel has severely disrupted oil and gas exports from the Middle East. Major producers like Kuwait and Iraq are...

Oil prices were up more than one percent in early Asian trade on Thursday off the back of persistent worries about supplies because of the ...

Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupt...

Qatar has stopped liquefied natural gas production following attacks. This halts supplies to India, affecting industrial consumers and city...

Will Iran participate in FIFA World Cup 2026 in US? Iran’s involvement is uncertain after US-Israel strikes, domestic league suspension, an...

In early Asian trading, the oil market has encountered a downward shift, reflecting anxieties over oversupply that are outpacing optimism f...

Oil prices fell by more than 4% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting supply con...

Hopes for a quick rebound in demand from China also supported oil prices as the world's second-largest oil consumer ended more than three y...

Comments from U.S. Federal Reserve Chair Jerome Powell on Tuesday were seen as less hawkish than feared, boosting risk appetite and weighin...

In May, India imported 3.18 million barrels per day (bpd) of oil, a decline of about 31% from April and about 26% from a year ago, the data...

India's oil imports in April totalled 4.63 million barrels per day (bpd), up 5% from March but down 4.1% from April 2019

IOC has reduced processing at its refineries by at least one-fourth as shutting down of businesses, suspension of flights and most vehicles...