Oil producers across the Middle East face a tense countdown as the Iran war blocks the region’s main export artery, filling ...

Drones and missiles have landed on key refineries and depots, destroying millions of barrels of oil production. ABC NEWS ...

Major oil storage sites in Saudi Arabia are filling rapidly as the key export route through the Strait of Hormuz effectively ...

Iranian drones reportedly struck fuel storage tanks at Salalah Port in Oman, igniting large fires and forcing the suspension of operations in parts of the port. Omani air defenses intercepted some ...

The current sense of security in the oil market is false, as geopolitical risks from potential U.S.-Iranian escalation, which recently pushed Brent crude past $67, can still cause significant price ...

The global energy markets are driven by demand and supply dynamics that dictate underlying commodity prices and shape business prospects for companies operating in these segments. From a supply point ...

TOKYO, March 8 (Reuters) - A senior Japanese parliament member said on Sunday that the government instructed a national oil reserve storage site to prepare for a possible release of crude, as the Iran ...

By John Lee. The Iraqi government has approved new measures to support oil marketing, storage, and domestic fuel supply, ...

Crude oil on the NYMEX was up just 7% to $72 late Monday morning. It’s a modest reaction to days of attacks by Israel, the U.S. and Iran on infrastructure throughout the Gulf. This mild reaction ...

Satellite images show the aftermath of strikes on one of Russia's largest oil ports Due to Ukrainian drone attacks, Russia’s ...