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Defense Secretary Hegseth announces Navy oil tanker renaming from gay rights leader Harvey Milk to Medal of Honor recipient Oscar V. Peterson to take "politics out of ship naming." ...

Russia's oil pipeline monopoly Transneft's oil flows have continued to decline this year amid the OPEC+ deal and technological challenges, the company's First Deputy CEO Maxim Grishanin said on ...

Shell is reportedly in initial discussions to acquire rival BP in a deal that could become the largest oil merger in decades. BP shares surged nearly 7% amid speculation, while Shell denies active ...

Experts have warned the conflict between Israel, Iran and the U.S. could cause oil and gas prices to rise.

The Jask Oil Terminal, just east of the Strait of Hormuz, has loaded less than 300,000 barrels per day of crude and was operational for only a month last autumn, according to data from Kpler.

U.S. stocks climbed Monday and oil prices dropped after The Wall Street Journal reported Iran is urgently signaling it wants to end hostilities with Israel. The S&P 500 advanced 0.9% and U.S ...

Stocks rallied on Monday on reports that Iran is seeking talk to end its war with Israel, easing fears that the conflict could spiral into a broader regional war.

The Dow, S&P 500, and Nasdaq rose on Monday and oil prices fell as investors weigh the effects of fighting between Israel and Iran.