The Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...

Oman postponed a meeting on the Strait of Hormuz amid regional tensions. An Iranian ship was struck near the waterway, killing one person. ...

Houthi rebels are advancing, threatening a vital Red Sea shipping route. Drone attacks have forced a major pipeline closure, impacting glob...

The International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...

Europe experienced its busiest summer holiday air traffic ever this year. A daily average of 35,959 flights operated across the continent. ...

Iran has temporarily halted a ten percent charge on freight fees for foreign ships. This suspension applies to oil, gas, and liquid petrole...

With the US market shedding weight overnight, the probability is high that Thursday will see another day of choppy trading. The best way to...

The United Kingdom has banned trade with Israeli settlements in the occupied West Bank. Israel responded by closing the British consulate i...

Ongoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...

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

Indian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...

Chinese President Xi Jinping’s Egypt visit is deepening Beijing’s ties with a key US ally while advancing China’s bid for greater Middle Ea...

Asian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...

US inflation showed little acceleration in July, reinforcing the Federal Reserve's pause on rate hikes. European economies continued to sho...

The United Arab Emirates accused Iran of conducting drone strikes on two oil tankers navigating the strategic Strait of Hormuz. Meanwhile, ...

US President Trump opted against launching new strikes on Iran after receiving counsel from Gulf allies, advocating for diplomatic solution...

Soaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...