Yemen's Houthis on Monday targeted the Saudi oil tanker Amzan in the Red Sea off Yanbu with a ballistic missile and dron...
The oil market has remained complacent for months amid the worst disruption in global supply, with crude oil futures rar...
Last week, the Iran-backed Houthis declared a maritime blockade of Saudi Arabia and have since claimed attacks targeting...
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz b...
Tanker traffic through the Strait of Hormuz has eased since late last week as vessel owners and operators remain cautiou...
Indian refiners have enough crude to last them two months, so they will not be scrambling to buy Middle Eastern cargoes ...
Shipping firms remain reluctant to navigate the Strait of Hormuz sea passage despite this week’s peace deal, according...
Two and a half months after the U.S.-Israeli strikes on Iran began, the Islamic Republic is moving closer to selectively...
Oil tanker traffic through the Panama Canal has jumped in recent weeks as Asia scrambles to buy U.S. crude amid choked s...
Ukrainian President Volodymyr Zelenskyy has criticized an easing of sanctions on Russian energy, writing on X that "ever...