The Houthis in Yemen are making significant strides towards seizing control of the Bab el-Mandeb Strait. Recent clashes between Saudi-backe...

The Suez Canal experienced a striking 42% increase in revenue during July, attributed to the rerouting of maritime traffic caused by the cl...

US stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...

European markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwar...

United States forces said it targeted and destroyed five Iranian oil tankers, sharply escalating tensions. In retaliation, Iran fired missi...

Houthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impactin...

The Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example ...

Iran's Revolutionary Guards struck a US military base in Jordan with missiles. This action followed US forces destroying five Iranian oil t...

Goldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...

Goldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...

Oil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic ...

Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...

The latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the ves...

Oil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil...

Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...

Ongoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...

Two Turkish commercial vessels collided in the Sea of Marmara. Contact was lost with the Tugberk Imamoglu and its ten crew members. Coast g...