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

Amid the supply shortage caused by the war in the Middle East, the Indian government has cut LPG supplies to commercial establishments and industries to have more cooking gas available for household ...

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

Iraq says it can rapidly restore oil exports to prewar levels if the Strait of Hormuz reopens, despite severe disruptions and ...

European gas futures climbed 3% Tuesday as Trump's 8 p.m. deadline on Iran and the Hormuz closure kept markets on edge, with ...

Greenland authorities have issued a draft decision to deny renewal of the Kvanefjeld exploration licence, intensifying a legal and regulatory standoff over one of the world’s largest undeveloped rare ...

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

Two Qatari LNG tankers aborted their first Hormuz crossing attempt in over a month Monday as Iran's blockade continues to choke global gas flows.

Brazil is rapidly expanding oil and gas production to capitalize on global supply disruptions, positioning itself as a key ...

WTI Midland premiums have surged to $30–$40 per barrel above key benchmarks as the Strait of Hormuz closure forces Asia and ...

Across Asia, shortages of naphtha and other key petrochemicals feedstocks due to the Iran war have already forced petrochemicals firms to curb output.

Two Qatari LNG tankers are heading for the Strait of Hormuz in what could be the first gas exports since Iran closed the strait on Feb. 28.