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Brent jumped as much as 2.2% before easing to trade near $73 a barrel, while West Texas Intermediate was below $72, after ...
Tensions between Iran and Israel are adding to the global economic uncertainty which impacts international trade.
Oil prices rose sharply on Tuesday after US President Donald Trump called for the evacuation of Tehran, raising fears of a ...
Ambrey said the cause of the incident, which took place 22 nautical miles east of Khor Fakkan in the UAE, was not security-related ...
MOSCOW. June 17 (Interfax) - Historically, affordable prices stimulate additional demand for oil amid ongoing global competition for fuel, Russian Deputy Prime Minister Alexander Novak said in an ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Reports indicate tankers are on fire near the Strait of Hormuz amid escalating tensions in the Middle East, raising concerns about maritime security and global oil trade.
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India Today on MSNWhy the Strait of Hormuz matters to India amid Israel-Iran tensionsThe Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It ...
Tanker rates for vessels carrying refined oil products from the Middle East have surged in recent days, as the exchange of fire between Israel and Iran makes hauling fuel through the Strait of Hormuz ...
Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...
Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries' ...
Crude prices bounced as news of fresh attacks rolled in, including another wave of Iranian missiles launched at Israel and more Israeli strikes on Iran. Front-month WTI crude oil futures were 2.1% ...
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