MOSCOW. June 17 (Interfax) - Historically, affordable prices stimulate additional demand for oil amid ongoing global competition for fuel, Russian Deputy Prime Minister Alexander Novak said in an ...

It is worth noting that a $10-per-barrel increase in crude oil prices could raise India’s oil import bill by $12–13 billion ...

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

The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It ...

Venezuelan President added that Iran has the right to self-defense and may close the Strait of Hormuz, if necessary ...

A blaze that’s been spotted in waters off the United Arab Emirates and near the entrance to the Strait of Hormuz is not ...

Johnathon Morvay, CIRAT senior analyst, predicts this conflict will bring the end of the Ayatollah Ali Khamenei's regime in Iran. McKenzie Smith, CIRAT assistant director, said she is watching to see ...

Crude prices bounced as news of fresh attacks rolled in, including another wave of Iranian missiles launched at Israel and more Israeli strikes on Iran. Front-month WTI crude oil futures were 2.1% ...

British maritime security firm Ambrey said early on Tuesday the cause of an incident 22 nautical miles east of Khor Fakkan in the United Arab Emirates, near the Strait of Hormuz, was not ...

Markets are concerned about Iran's frequent threats to blockade the Strait of Hormuz, just as the US heads into peak summer ...

NATS OF SIREN AS THE CONFLICT BETWEEN ISRAEL AND IRAN INTENSIFIES ... NATS OF GAS NOZZLE EXPERTS SAY AMERICANS COULD FEEL IT ...

Before you fill up your tank this week, here’s what you need to know about a conflict thousands of miles away.