The United States is rapidly expanding its military presence in the Middle East to pressure Iran and prepare for a potential ...

EU Commission President von der Leyen warns the Iran war could push European energy costs higher for years, with import bills ...

OPEC is expected to hold together after the UAE's abrupt exit, though analysts warn of a medium-term supply increase once the ...

Oil prices are rising sharply as traders price in a prolonged Strait of Hormuz disruption and a tougher U.S. blockade against ...

TotalEnergies raised its interim dividend after higher oil prices and strong trading results drove a sharp first-quarter ...

The U.S. is maintaining its naval blockade outside the Strait of Hormuz, with Treasury Secretary Bessent warning Iran’s oil ...

New South Wales has launched its first natural gas exploration tender in a decade as Australia scrambles to secure domestic ...

The prolonged closure of the Strait of Hormuz has shut in over 10 million b/d of oil, triggering the largest supply shock in ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.79 million barrels ...

Idemitsu Maru, operated by the tanker unit of Japan's Idemitsu Kosan, marks yet another positive signal for Gulf energy flows ...

China’s rapid expansion of AI-driven data centers is set to more than double electricity consumption from the sector by 2030, ...

Iran is reactivating a 30-year-old tanker as Kharg Island nears its onshore storage limit, with analysts estimating 12-13 ...