The oil market would experience “catastrophic consequences” if the halt to Strait of Hormuz tanker traffic continues, according to Saudi Aramco, the world’s top crude exporter and biggest oil firm.

Middle Eastern producers like Saudi Aramco saw stocks jump amid production cuts and Strait of Hormuz disruptions, while U.S.

Analysts expect Tehran to continue using long?range missiles and asymmetric tactics against U.S. bases and allied ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The largest oil producers in the Middle East Gulf have deepened production ...

Scientists have developed a methodology to convert America's half a million abandoned coal mines into long-term pumped hydro ...

JP Morgan has warned that Iran’s oil production could be slashed in half and oil exports could virtually stall if ...

Clusters containing dozens of vessels each appear to signal positions in and around the Strait of Hormuz, suggesting that electronic interference and GPS jamming have soared at the critical oil ...

Jet fuel prices in Singapore jumped 140% to about $230 per barrel, while European jet fuel traded at nearly double the price ...

The Pentagon has taken a step toward rebuilding one of the most fragile links in the U.S. defense supply chain: the industrial capability to turn rare earth minerals into the metals that power most ...

Iran launched missiles and drones at Israel and several Gulf states hours after Mojtaba Khamenei was named supreme leader, ...

Record volumes of sanctioned Iranian, Russian, and Venezuelan crude are idling in floating storage near China, offering a ...

Saudi Aramco, Iraq, and Kuwait are cutting oil production and facing export bottlenecks as military activity and security risks related to the US-Israeli war with Iran disrupt shipping through the ...