Hungary is expected on Tuesday to agree a $500-million oil supply deal with the United States during the visit of U.S. Vice ...

The closure of the Strait of Hormuz is triggering a cascading global crisis, driving up oil prices, disrupting supply chains, ...

Eni has announced a significant natural gas discovery offshore Egypt, offering a timely boost to a country grappling with ...

Oil markets are on edge as Trump’s deadline hits, yet prices remain oddly calm—despite unusual signals like WTI trading above Brent, hinting that volatility or a major disruption could be imminent.

IEA chief Fatih Birol says the Hormuz-driven supply shock is worse than the oil crises of 1973, 1979, and 2022 combined.

Kazakhstan says CPC oil exports remain on schedule after Ukrainian drones hit the Novorossiysk terminal, damaging tanks and loading infrastructure.

US and Israeli strikes hit Tehran, Kharg Island, and key bridges as Trump’s 8 p.m. deadline expired with Iran rejecting a cease-fire and the IRGC threatening Gulf states.

Russia's Yamal LNG shipped its first cargo to China since November 2026 as the EU's stepwise ban on Russian gas imports kicks off April 25.

Nigeria doubled crude deliveries to the Dangote refinery in March amid a global supply crunch driven by the Middle East ...

India is sharply increasing Venezuelan crude imports—its highest in six years—as refiners scramble to replace disrupted Middle Eastern supply and diversify sourcing.

South Korea is urgently pursuing alternative crude oil supplies outside the Strait of Hormuz as disruptions threaten its ...

Every export choice now doubles as a strategic alignment, forcing Iraq into high-stakes decisions that will shape its ...