Despite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...

Iraq anticipates a swift return to pre-war oil production levels within two months, following a recent US-Iran deal that eased the Strait o...

Large volumes of crude oil are waiting in the Persian Gulf and are ready to move through the Strait of Hormuz if shipping activity resumes ...

Indian construction companies are set to gain from Middle East rebuilding. Man Industries acquired a Saudi Arabian firm, boosting its capac...

Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...

Oil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...

Man Industries India Ltd and its Saudi subsidiary National Pipe Company Ltd have secured new orders totaling Rs 1,000 crore. These orders a...

The Southwest Monsoon's progress over Maharashtra has stalled. Unfavorable weather patterns are preventing further advancement. Rainfall ac...

TotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...

Despite vast desert landscapes, Saudi Arabia imports construction-grade sand due to its smooth, wind-shaped grains being unsuitable for con...

The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...

A US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...

The rebound followed a sharp selloff on Monday, when oil prices tumbled nearly 5% to their lowest closing level since March 4. The decline ...

A year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...

Brent Crude oil price : Brent crude futures fell $3.58, or 4.10%, to $83.75 a barrel, while U.S. West Texas Intermediate crude declined $4....

America's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...

Egypt's Suez Canal saw a significant rise in oil tanker traffic and revenue in April. This surge is linked to the closure of the Strait of ...