Donald Trump has dismissed Iran's offer to restore maritime passage through the Strait of Hormuz within a week. Iranian Foreign Minister Ab...

US President Donald Trump has rejected Iran’s proposal for a seven-day ceasefire and told aides he expects US bombing of Iran to resume aft...

Bank of England policymakers are signalling greater openness to a rate hike as elevated energy prices threaten to keep inflation above targ...

US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and W...

On Wednesday, ten commodity vessels traversed the Strait of Hormuz, slightly increasing from the previous day's count. This number remains ...

Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.5...

On September 23, three commodity vessels transited the Strait of Hormuz, which is lower than recent averages. A LNG tanker, Al Mafyar, was ...

The United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...

Sea lane disruptions in the Red Sea and Persian Gulf impact India's oil imports significantly. India faces challenges securing oil from Wes...

Global oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...

Middle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...

Growing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...

Asian LNG demand is projected to decrease this year, with Northeast Asia seeing the largest drop. India and Bangladesh continue to secure s...

A US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation...

Crude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...

Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...

Saudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...