The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...

Amid escalating Iran-Israel tensions, India is proactively exploring alternative energy sources, particularly from West ...

Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...

The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...

While India currently has enough oil in stock, the situation could get worse if the Strait of Hormuz is closed ...

New Jersey gas prices inched up over the past week as hostilities between Israel and Iran rattle global oil markets and push ...

Middle East tensions prompt ship diversions from Strait of Hormuz as Gulf-to-China freight rates surge 24%, fuelling concerns ...

The EIA adds that instability around the Bab al-Mandeb Strait in 2024 also contributed to rerouting. Saudi Aramco diverted ...

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.60 during the Asian trading hours on Tuesday ...

ISLAMABAD: The government will not increase the petroleum development levy (PDL), but pass on the impact of increase in oil ...