Oil prices are on the rise, driven by escalating supply risks in the Middle East. The renewed hostilities between the U.S. and Iran have he...

US forces escorted forty commercial vessels carrying eighteen million barrels of oil. Simultaneously, American troops struck nearly sixty I...

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

Iran has expanded its list of vessels prohibited from navigating the strategic Strait of Hormuz, now including eleven additional ships. The...

Saudi Arabia reported an Iranian attack on a national oil tanker. This incident tragically killed two Filipino seafarers on Monday. The sup...

The United States said it carried out a series of airstrikes against targets in Iran overnight, drawing a response from Tehran in what was ...

The Revolutionary Guard Corps of Iran issued a statement claiming that US military strikes would exacerbate conditions in the Strait of Hor...

Oil prices surged as hostilities reignited between the United States and Iran. This escalation raised alarms over possible supply interrupt...

Two supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, s...

Following a critical oil crisis, India has surfaced as a pivotal fuel supplier. Refineries reached peak performance, promoting export expan...

U.S. forces on Sunday struck two launchers on Iran's Larak island in the Strait of Hormuz. It was the first known American strike on the Gu...

Brent crude futures climbed $1.08, or 1.23%, to $89.18 a barrel as at 0040 GMT while U.S. West Texas Intermediate crude was at $84.32, up 9...

Crude oil prices posted their first weekly decline in three weeks as improving flows through the Strait of Hormuz eased supply concerns. Br...

Gulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...

Iraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...

Iran and Oman reached an agreement on Strait of Hormuz control and revenues. The Revolutionary Guards stated the strait will not reopen wit...

Shipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...