oil

The leaders of the United Kingdom, France, Germany, Italy, the Netherlands and Japan have issued a joint statement condemning Iran’s actions in the Gulf...

In a Truth Social post today, U.S. President Donald Trump escalated his rhetoric on the ongoing U.S.-Iran conflict, suggesting the possibility of decisively dismantling...

President Trump has warned of additional strikes on Iran’s Kharg Island, citing dissatisfaction with the current negotiation terms.

A VLCC bearing the Indian flag is on its way to Paradip in Odisha, carrying almost two million barrels of Iraqi oil.

Iran's President Masoud Pezeshkian spoke to Oman's Sultan Haitham bin Tariq Al Said over a phone call and assured him that the incident would be investigated.

As tensions in West Asia have raised concerns about the availability of petroleum products, the Indian government has issued strong assurances on the country's...

The Fujairah Oil Industry Zone is situated on the eastern coast of the UAE along the Arabian Sea. It plays a key role in global energy trade because it allows oil tankers to operate without passing directly through the Strait of Hormuz. This is a major shipping route for the export of energy products from the Middle East.

U.S. President Donald Trump on Wednesday revealed the details of a proposed agreement with Venezuela's interim government, claiming the country would transfer between 30...

In an escalation of its sanctions enforcement against Venezuela, U.S. forces seized two oil tankers accused of transporting illicit Venezuelan crude on Wednesday, marking...