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...

Vulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...

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...

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...

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 ...

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

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...

The global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...

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

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

Amidst West Asia crisis concerns, India's state-run refiners diversified oil supplies by sourcing nearly six million barrels from Nigeria's...

The head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Re...

Indian aluminium stocks saw a sharp decline today. This happened as aluminium prices crashed significantly. The drop followed news of an Ir...

US energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...

Crude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and ...