Japan's top trade body says the Strait of Hormuz is off-limits as renewed Iran hostilities lift shipping costs and squeeze ...
The International Maritime Organization warned that the Strait of Hormuz remains too dangerous for commercial shipping as ...
Oil prices extended gains as escalating U.S.-Iran tensions and Iranian threats against regional energy shipping routes ...
Brent crude futures have returned to backwardation as renewed Middle East conflict and disruptions to oil flows increase ...
Rising crude oil prices driven by renewed Middle East tensions could push the U.S. national average gasoline price above $4 ...
Ukrainian strikes have crippled Russian refining, leaving 135 million barrels of crude stranded at sea even as exports hit a four-year high.
The United States is backing Iraq and Syria's efforts to rebuild the Kirkuk-Baniyas pipeline as part of a broader strategy to ...
Trump scrapped plans for a 20% Strait of Hormuz transit fee, opting instead to pursue trade and investment deals with Gulf ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 564,000 barrels in ...
ARC Resources shareholders have overwhelmingly approved the company's proposed acquisition by Shell, moving the transaction ...
Dangote Petroleum Refinery, which can process 700,000 barrels of crude per day, said it is switching domestic gasoline, ...
Ukraine says it has expanded its maritime drone campaign from the Sea of Azov into the Black Sea, targeting Russia-linked oil ...