Brent crude futures rose 24 cents, or 0.38%, to $78.15 a barrel, while U.S. West Texas Intermediate gained 33 cents, or 0.46%, to $74.19 a ...

Oil prices saw a slight rebound Tuesday, recovering from Monday's sharp decline. This uptick follows tempered optimism surrounding U.S.-Ira...

Brent crude futures rose 54 cents, or 0.67%, to $81.11 a barrel, after briefly touching $82.30 at the start of trading. U.S. West Texas Int...

Iran and the United States have established a direct communication line to "avoid incidents and miscommunication" in the Strait of Hormuz, ...

Shipping traffic through the Strait of Hormuz plummeted on Sunday after Iran declared it closed again, citing alleged violations of a peace...

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...

Iran's Tasnim news agency is reporting that the Strait of Hormuz will remain closed to oil shipments. This closure will persist until a cea...

India's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...

Iran has declared the Strait of Hormuz closed following Israeli strikes in Lebanon, citing violations of a ceasefire. However, the US Centr...

An Iranian delegation, led by Parliament Speaker Ghalibaf, has arrived in Zurich for crucial technical talks with the US. This follows a re...

Iran has declared the Strait of Hormuz closed, citing alleged violations of a recent Middle East war ceasefire by the US and Israel. This m...

"I expect that ⁠I will leave sometime in the next couple of days, but you know it's always a delicate coordination ⁠dance and the diplomati...

US officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.

A new chapter has begun for maritime trade as leading shipowners are now actively navigating their fleets through the strategic Strait of H...

In a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...

This development is expected to significantly boost global trade, particularly for India, by easing logistics disruptions and costs for ene...

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