The recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...

Saudi Aramco has restarted oil loading at its Ras Tanura terminal after a four-month pause, with two massive crude carriers seen taking on ...

Oil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...

China's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...

Global oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...

Oil prices extended their decline on Wednesday, hovering near the four-month lows touched in the previous session, as signs emerged that mo...

A tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...

Shipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...

NITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...

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 ...

Washington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....

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...

India’s crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and ...

An Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...

Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...

America's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...

President Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...