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Brent rises nearly 2% as US military strikes Iranian boats, missile launch sitesOil prices surged as U.S. forces conducted strikes in southern Iran. This action has heightened market concerns amid ongoing negotiations t...
Why are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil market reacts to US-Iran peace deal hopesWhy are oil prices crashing down today, and will Brent and US WTI crude futures continue to decline or move upwards again? Oil prices dropp...
Iran war: Vessels carrying Middle East oil, LNG exit Hormuz, head for Pakistan, ChinaIran war news: An LNG tanker, Fuwairit, is exiting the Strait of Hormuz for Pakistan. A supertanker, Eagle Verona, carrying Iraqi crude for...
Tankers exit Hormuz as Trump, Vance talk up Iran deal prospectsTwo Chinese oil tankers have passed through the Strait of Hormuz. This follows positive comments from U.S. President Donald Trump and Vice ...
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
Two India-bound LPG tankers transit through Strait of Hormuz amid US-Iran warTwo ships carrying cooking fuel have successfully passed through the Strait of Hormuz. These vessels are heading towards India. This marks ...
Trump says no need for China's help on Iran as shippers seek passage through HormuzPresident Donald Trump states no help is needed from China to end the Iran war. He believes the US will win the conflict. Iran is firming i...
India denies cash, crypto payments to Iran for Hormuz passageIndia has denied making any payments, in cash or cryptocurrency, to Iran for safe passage of its vessels through the Strait of Hormuz. This...
Trump warns Iran, says Tehran cannot "blackmail" US over Strait of HormuzIran has reimposed a naval blockade on the Strait of Hormuz. This move followed a brief 24-hour opening. US President Donald Trump issued a...
Greek, Indian tankers U-turn before Hormuz amid reopening doubtSeveral oil tankers have turned back in the Persian Gulf. This follows Iran's mixed signals on keeping the Strait of Hormuz open. Shipowner...
The Saudi oil pipeline the world didn’t know it neededSaudi Arabia's East-West pipeline is now crucial for global oil flow. The vital waterway, Strait of Hormuz, is closed. This 1,200-kilometer...
Oil industry braces for Mideast turmoil after Soleimani killingRising tensions between Iran and US have already caused disruptions to oil markets.
How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to AsiaThe shipments were loaded onto tankers with documents showing the fuel oil was Iraqi.
Hampered by quality issues, Iraq backs crude split to drive exportsOPEC's No. 2 producer has little choice, since its drive to boost production - which hit a record 3.15 million barrels per day last year.
- Supertanker skims oil as spill now worst accident on record
A Taiwanese supertanker skimmed oil from the Gulf of Mexico on Saturday as the months-long disaster became the worst accidental spill on re...