Strait of Hormuz closure traps millions of barrels of crude, cutting exports and forcing Asian refiners to pay record ...

Gulf states may renegotiate U.S. defense arrangements, pursue strategic autonomy with diverse military suppliers and domestic ...

Goldman Sachs warned that higher crude prices could cost the U.S. labor market around 10,000 jobs per month through the rest ...

Keir Starmer has argued that legal constraints place decisions on new North Sea oil and gas projects in the hands of the ...

Rystad estimates energy repair and restoration costs have already reached at least $25 billion. Qatar’s Ras Laffan stands out ...

Chinese offshore giant CNOOC reported an 11.5 percent drop in 2025 net profit as a significant decline in realized crude oil ...

President Donald Trump said Thursday that Iran allowed 10 oil tankers to transit the Strait of Hormuz, describing the move as ...

The U.S. government is modeling extreme oil price scenarios to assess economic fallout, not as a prediction but as ...

The U.S. and Iran remain locked in escalating conflict despite backchannel diplomacy, with military action intensifying ...

Venezuela’s oil production is rebounding following U.S. intervention, sanctions relief, and new investment reforms, though a ...

Asian and Middle Eastern investors are willing to fund a major Alberta-to-Pacific pipeline to reduce Canada’s reliance on U.S ...

Iraq's near-total dependence on oil revenues and its inability to bypass the Strait of Hormuz has sent its economy into ...