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The escalating tensions between Israel and Iran showed how war can disrupt oil supply chains, destabilize global energy ...
Spot rates for very large crude carriers (VLCCs) sailing from the Persian Gulf to Asia have fallen sharply in recent days, as ...
U.S. President Donald Trump brokered a ceasefire after 12 days of war but the maritime threat remains elevated, the Joint Maritime Information Center (JMIC) said.
Middle East tensions have ebbed in recent days. But experts warn prices in the U.S. could jump if Iran further retaliates in the Strait of Hormuz.
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CNET on MSNGas Prices Hold Steady After Iran Ceasefire Despite Dubious $8/Gallon Warnings in CaliforniaEarly panic pushed crude oil past $81 but prices have since fallen as traders bet the Strait of Hormuz will stay open.
Iran's recent missile strike on a US base in Qatar led to a surprising fall in oil prices, reflecting the market's ...
The statement from the U.K.-based oil giant came after The Wall Street Journal reported Wednesday that Shell was holding early-stage talks to acquire BP. A deal would be a landmark combination of two ...
Transit levels through the Strait of Hormuz have been closely tracked since June 13 and remain within normal ranges, ...
With a ceasefire in place between Israel and Iran, U.S. Central Command is watching the Strait of Hormuz, the narrow ...
Oil rebounded from steep back-to-back losses on Wednesday, but prices still hovered below levels seen prior to the onset of ...
Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, ...
In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers ...
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