Kazakhstan alleges Shell, Exxon and other Kashagan partners padded $10.7 billion in contracts through bribery, an ICIJ probe ...

Iran conflict is straining American forces while fueling renewed attacks and political tensions from the Strait of Hormuz to ...

Iran negotiations restored the Hormuz risk premium, although swelling U.S. inventories and weaker demand forecasts limited ...

Oil prices are heading for a roughly 4% weekly gain as prolonged U.S.-Iran tensions and restricted Hormuz traffic outweigh ...

Tankers are switching off AIS for increasingly long periods around Hormuz and Bab el-Mandeb as security risks rise, making ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to ...

Brent heads toward a 5% weekly gain as stalled US-Iran talks and Hormuz attacks push oil prices toward $100. Crude oil prices are set to post a 5% weekly gain after this week quashed hopes (for the ...

Iranian households are cutting spending to bare essentials as food, utilities, and medicine become increasingly unaffordable amid soaring inflation. The war has compounded years of sanctions and ...

Asian refiners in South Korea, Japan, Taiwan and India are buying more U.S. crude as the Hormuz standoff keeps Mideast oil ...

Low U.S. gasoline prices are the top priority of the Administration amid the war in Iran, Vice President JD Vance said, as the U.S.-Iran deadlock persists and the U.S. vowed to keep the blockade on ...

Syria is reclaiming its oil and gas assets while drawing Western and Gulf investment and sharply reducing Russia’s privileged position.

Crude oil imports from Russia accounted for over 50% of India’s total import volumes last month. This was the highest share of Russian oil in India’s import mix, Reuters noted in a report that cited ...