The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...

The EIA adds that instability around the Bab al-Mandeb Strait in 2024 also contributed to rerouting. Saudi Aramco diverted ...

India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...

Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for ...

SINGAPORE] Oil’s latest rally may have little immediate impact on Singapore, but analysts warn that an escalation in Middle ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister ...

Malaysian Prime Minister Anwar Ibrahim warned Monday of real concerns that the escalation in the Middle East could c ...

A prolonged disruption could destabilise economies, particularly in the GCC and energy-importing nations, by driving up costs ...

The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Anwar Ibrahim.