Attacks on commercial ships in the Middle East this month have all but closed the vital Strait of Hormuz to oil tankers. One of the few alternative routes for oil exports from the region goes through ...

Less than a week after experts gave hope to traders, their ‘worst case scenario’ has finally happened. On March 9, markets ...

A flotilla of at least 25 supertankers is heading to Saudi Arabia’s Red Sea port of Yanbu as the kingdom races to get its oil ...

The International Energy Agency has recommended the largest release in history from its strategic reserves over two months.

As the Strait of Hormuz faces closure amid escalating West Asia tensions, global energy markets are scrambling for alternatives. The Red Sea has emerged as a temporary route, but capacity limits, ...

As Iran War Enters New Phase Amid Strikes Across Persian Gulf Energy Sites, Fears Grow of A Wider War Including Gulf Arab States And Dramatic Oil Prices Spikes ...

Less than a week after experts gave hope to traders, their ‘worst case scenario’ has finally happened. On March 9, markets ...

Saudi Arabia's oil exports through the Red Sea port of Yanbu are projected to reach a record 3.8 million barrels per day, bypassing the blockaded Strait of Hormuz despite new risks from regional ...

Oil prices tumble nearly 10% as Trump warns Iran over Strait of Hormuz, escalating US-Iran tensions and rattling global energy markets.

Buyers who choose Yanbu will only get a portion of their monthly supply due to constraints on how much crude the pipeline to the port can carry, said traders who have been informed by state-run Saudi ...

Saudi Arabia is rerouting nearly 16 million barrels of crude to India via its Red Sea hub, bypassing the Strait of Hormuz amid rising West Asia tensions. The shift highlights evolving global oil trade ...