As the world watches the US-Iran situation with concern, the ripple effect from these events are reaching global oil supply chains - and exposing ...

Get the latest news on President Donald Trump’s second term in the White House and the Republican-led Congress.

President Donald Trump, aboard Air Force One to the NATO conference, has sought to maintain a ceasefire between Israel and ...

Ever wonder why diesel cars exploded in popularity in Europe but not elsewhere? It goes back to 1973: the first oil crisis, when OPEC cut off oil exports. Prices tripled almost overnight. Europe’s ...

June 2025 will be remembered as a watershed, marking the death of the old multilateral approach to global governance. Existing institutions, especially those built on the idea of “the West” (such as ...

The Iraqi authorities said that two facilities had been damaged and that four other sites had been targeted. There was no ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

The Strait of Hormuz is a narrow 33-kilometre waterway between Iran and Oman. It's the world's most critical oil chokepoint.

Fears of conflict loom large after the United States inserted itself into the Israel-Iran war, raising urgent questions about ...

Tensions between Iran and Israel have renewed fears of a closure of the Strait of Hormuz, a vital energy artery for global ...

The geopolitical fault lines are now more fragile than ever, and the world inches perilously toward a point of no return.

In an era of precarious global alignments and rising regional instability, the Strait of Hormuz mdash;a slender maritime ...