Recent conflicts in the region have either spared energy infrastructure or caused limited damage. That isn't the case in the U.S.-Israeli war with Iran.
Venezuela this month resumed exports of a key crude grade that had not been shipped since late 2024, diluted crude oil (DCO ...
U.S. stocks sank after the price of oil spiked to its highest level since 2024. The S&P 500 fell 0.6% Thursday.
Over 10 million barrels of Russian crude have already been bought, according to people with direct knowledge of the deals.
If the Strait of Hormuz remains inaccessible due to Iran threats, manufacturing companies dependent on imported raw material could feel the heat and this could severely impact production ...
India’s trade deal with President Trump was supposed to end its imports of oil from Russia. But then the conflict in the ...
U.S. has given India a waiver to buy Russian oil for 30 days as conflict in Middle East impacts global energy supply.
Rising oil prices, fueled by ongoing conflict in the Middle East, have fanned concerns of a supply shock that could spur inflation and weigh on economic activity.
The effective shutdown of the Strait of Hormuz after the Feb. 28 attacks on Iran by the US and Israel is disrupting the ...
Crude futures rose to their highest settle level since July 2024 as the armed conflict in the Persian Gulf disrupted supply ...
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India seeks US clarity on insurance cover for ships passing through Strait of Hormuz: Report
Oil markets have turned volatile after the United States and Israel launched coordinated strikes on Iran, escalating tensions across West Asia and disrupting maritime movement in the region.
Earlier this week, US President Doanld Trump noted that US International Development Finance Corporation would offer cover to help maintain the flow of energy and other trade in the Gulf.
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