The United States and Iran have agreed to a time-bound, two-week ceasefire, halting a cycle of escalation that had heightened
In the statement, Iran said its armed forces would halt “defensive operations” if attacks against the country cease, effectively framing
OPEC+ member countries have expressed serious concerns over the damage caused by attacks on energy infrastructure, amid ongoing oil shortages
Saudi Arabia has hiked the price of its flagship Arab Light crude loading for Asia in May to a record-high
UK Prime Minister Keir Starmer has announced that the UK will lead a major diplomatic summit of approximately 35 nations
U.S. President Donald Trump has said that taking control of Iran’s oil resources remains “an option,” while raising concerns over
Iran has demanded recognition of its rights and jurisdiction over the strait of Hormuz as part of conditions to end
The United States has quietly permitted Iranian oil tankers to transit the strategically critical Strait of Hormuz, in a move
Oil loading operations at the key Emirati export hub Port of Fujairah were suspended on Monday after a drone attack
Dubai-bound commercial flights were forced to turn back after a drone attack sparked a fire near the emirate’s airport, underscoring
Oil prices climbed above $100 per barrel, as conflict in the Middle East disrupted shipping through the Strait of Hormuz,
Oil prices surged back above $100 per barrel after a wave of attacks on ships in the Persian Gulf, including
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