Blanch said only around 5 to 10 ships per day are currently passing through Hormuz, compared with roughly 140 before the war.
The disruption of the Strait of Hormuz could cause investors to place a lasting premium on resilient access to global markets ...
Khamenei names IRGC veteran Mohsen Rezaei as Iran's security council secretary, replacing Zolqadr amid fallout from the ...
Japan Petroleum Exploration Co. (JAPEX) is expanding its U.S. oil and gas footprint with a $320 million acquisition of tight ...
A Texas oil company backed by Trump-linked businessman Larry Swets Jr. is preparing to drill for oil in Greenland, despite authorities warning that equipment movements were not properly authorized.
Dutch bank Triodos warns this summer's heat waves could erase up to 1% of EU GDP, hitting France hardest as nuclear output ...
Kazakhstan is weighing new oil export routes through Azerbaijan and Georgia after drone strikes repeatedly shut down its ...
Hungary is beginning to restore generation at the Paks nuclear plant as rising Danube water levels ease a regional power ...
A reported new tanker attack near Oman is adding to escalating shipping risks around the Strait of Hormuz as Iran sets ...
India's top state refiners narrowed LPG retail losses nearly threefold in August as the country reroutes supply around the ...
Serica Energy will not raise its cash offer for Pharos Energy after rival bidder Ratio Petroleum increased its proposal.
Trump is considering extending the Jones Act waiver as gasoline prices above $4 per gallon become a growing political risk ...