Iran will adopt an offensive military stance as peace negotiations with the United States have stalled. The memorandum of understanding sig...

As the deadline for a resolution on the US-Iran nuclear deal has passed without any advancements, both countries remain firmly entrenched i...

Over the weekend, Iranian Foreign Minister Abbas Araqchi said Iran had not decided to resume talks with the U.S. Meanwhile, U.S. President ...

Oil prices maintained stability as tanker movements through Hormuz showed a decline. While Brent crude futures edged up, WTI futures posted...

Shipping through the Strait of Hormuz slowed significantly over the weekend. This decline followed attacks on tankers and stalled United St...

Iran asserts control over the Strait of Hormuz, rejecting US President Donald Trump's claims. Trump stated he would declare the strait US t...

Kuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...

Iraq’s oil marketing company SOMO says Abu Dhabi’s Adnoc is one of the companies buying Iraqi crude and moving shipments through the Strait...

Two Abu Dhabi National Oil Company vessels faced attacks in the Strait of Hormuz. The United Arab Emirates accused Iran of carrying out the...

Yemeni rebels and government forces engaged in renewed clashes, raising fears of a wider civil war. Houthi rebels attacked government areas...

The head of Iran's Basij paramilitary unit has declared that the Strait of Hormuz is firmly under Iranian control, countering US President ...

Iran's foreign ministry spokesperson highlighted environmental concerns regarding oil pollution. Recent pollution along Qeshm Island shores...

Global oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...

Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...

The oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...

Brent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...

Yemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...