A large backlog of oil tankers in the Persian Gulf has nearly cleared. This occurred after a ceasefire was signed between Iran and the Unit...

A Qatari LNG tanker remains stuck off Oman after being hit by a projectile. U.S. forces reported two other tankers were targeted by Iran re...

Several oil and gas tankers have turned back from the Strait of Hormuz. This action follows renewed attacks on vessels in the critical wate...

In a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum ...

Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...

Iran war news update: Strait of Hormuz The strategic shipping route remains a flashpoint in the conflict, which began in late February with...

Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a bar...

India and the Indian Navy have secured the safe passage of the Omega Trader tanker. This vessel carries 23 crew members, including 15 India...

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...

United States forces launched strikes targeting over eighty Iranian military sites. These actions followed attacks on three commercial vess...

United States reimposed sanctions on Iranian oil sales Tuesday. This action followed attacks on vessels in the Strait of Hormuz. The U.S. T...

U.S. oil prices increased significantly after military strikes against Iran. These actions followed Iranian attacks on three commercial ves...

The Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of ...

Mangalore Refinery has chartered a vessel to load crude oil from Iraq. This marks the first such move by an Indian state-owned refiner sinc...

Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...

Tensions are high in the Persian Gulf as at least eight ships, including oil tankers, reversed course near the Omani coast, signaling Iran'...

Supertankers are once again navigating the Strait of Hormuz, a crucial oil route, following a period of disruption due to recent Iran confl...