The Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...

India and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...

Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruption...

US Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...

Indian stock indices extended losses on Monday, with Sensex and Nifty declining. Broader markets bucked the trend, closing higher as crude ...

Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...

Oil prices maintained stability as tanker movements through Hormuz showed a decline. While Brent crude futures edged up, WTI futures posted...

The United States plans to impose severe economic measures on Iran soon. Washington is considering sanctions on Chinese refiners and banks ...

Asian refiners are buying higher quantities of US crude amid Strait of Hormuz shipping concerns. South Korea's GS Caltex secured two millio...

Transit through the Strait of Hormuz has nearly stopped after two ships were attacked. The United States stated it can maintain a naval blo...

Ship traffic in the Strait of Hormuz slowed significantly after two vessels were attacked. The United States stated it can maintain a naval...

The United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprece...

Ukrainian drones struck a major Russian oil refinery and a naval base. Russia retaliated with missile and drone attacks across Ukraine. The...

US refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...

Oil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are...

Oil prices rose significantly as Iran and the United States exchanged compensation demands. Prospects for reopening the Strait of Hormuz di...

Oil prices surged on Monday amidst growing uncertainty about the reopening of the vital Strait of Hormuz. Iran indicated that negotiations ...