Oil prices surged despite the largest coordinated strategic reserve release in history as escalating attacks on shipping in ...

Goldman Sachs has raised its oil-price outlook but still expects crude to finish the year well below current levels despite severe supply disruption risks tied to the Strait of Hormuz.

The closure of the Strait of Hormuz has shattered the traditional diesel–jet pricing relationship in Europe, pushing the ...

Oil markets are bracing for an even bigger potential price shock with Iran on Wednesday warning that crude could surge to ...

Crude oil inventories in the United States increased by 3.8 million barrels during the week ending March 6, according to new ...

Trump ordered a 172 million-barrel SPR release as the U.S. joins a wider IEA effort to steady oil markets during the Strait of Hormuz crisis.

Despite deep military coordination in the war against Iran, the United States and Israel appear to have differing priorities ...

Saudi Aramco has asked Asian buyers to nominate crude loading plans for both its Gulf and Red Sea ports as the Strait of ...

Armenia and Azerbaijan cautiously congratulated Iran’s new Supreme Leader Mojtaba Khamenei while trying to preserve relations ...

A cargo vessel caught fire after being struck by an unknown projectile in the Strait of Hormuz, underscoring escalating risks ...

French oil and gas company Maurel & Prom reported a sharp decline in revenue in 2025 as weaker crude prices weighed on its financial results, even as the company recorded slightly higher production ...

The International Energy Agency (IEA) and its member nations have agreed to release a record 400 million barrels of oil from strategic reserves in an attempt to stabilize global energy markets ...