Attacks on commercial shipping in the Strait of Hormuz and nearby waterways reached a record high in October, according to a Washington-bas...

Russia lifted its self-imposed ban on diesel exports on October 9, introduced to tackle domestic shortages triggered by Ukrainian drone att...

Heat storms have increased dramatically, causing severe global consequences including excess deaths and environmental catastrophes. Recent ...

International Oil prices: The recovery in Middle Eastern oil exports, higher production outside the Persian Gulf and dwindling demand had n...

Asian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...

The conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...

Iraq's Oil Tankers Company has recently arranged for a Very Large Crude Carrier to transport oil. This shipment of 2 million barrels is sig...

The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is aff...

Boeing’s F/A-XX will replace the US Navy’s F/A-18E/F Super Hornets and operate alongside the F-35C. Here’s a look at its expected range, co...

Maharashtra has declared drought in 265 out of 358 talukas due to significant rainfall deficits. The government announced various relief me...

On Friday, oil prices took a small dip after a week marked by fluctuations. Brent crude prices lowered to $105.85 per barrel, while West Te...

Oil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...

In a tense standoff, two Indian vessels opted to reverse course in the Strait of Hormuz following gunfire allegedly from Iran's Revolutiona...

Last year, super tanker Ever Given became wedged diagonally across the canal during a sandstorm, disrupting world trade for nearly a week.

Somali pirates holding an oil-laden Saudi super-tanker will fight back should any military intervention to free the ship be attempted.

Somali pirates who hijacked Saudi oil super-tanker Sirius Star on Thursday are demanding 25 million dollars in ransom and have set a 10-day...

An Indian warship opened fire at a Somali pirate "mother ship", the navy said on Wednesday, as bandits demanded a ransom for a Saudi super-...