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 ...

Hormuz traffic remains severely disrupted, even as Iran and Oman reportedly move toward a deal, with Brent near $85 as markets price in a possible reopening. UBS’s supply chain stress index fell from ...

Khamenei names IRGC veteran Mohsen Rezaei as Iran's security council secretary, replacing Zolqadr amid fallout from the ...

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 ...

New President Abelardo de la Espriella plans to revive oil and gas exploration, allow tightly regulated fracking, and strengthen state oil company Ecopetrol while maintaining investment in renewables.

Hungary is beginning to restore generation at the Paks nuclear plant as rising Danube water levels ease a regional power ...

Japan Petroleum Exploration Co. (JAPEX) is expanding its U.S. oil and gas footprint with a $320 million acquisition of tight ...

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 ...

Global diesel supplies are tightening, with Russia banning exports, Middle Eastern refinery disruptions, and record U.S. exports draining inventories ahead of peak demand season. Europe is especially ...