Global oil markets were thrown into fresh turmoil on Wednesday after Brent crude surged more than 7% to trade above
U.S. President Donald Trump on Wednesday renewed pressure on Iran to accept a new agreement, as reports emerged that Washington
The United Arab Emirates announced on Tuesday that it will withdraw from OPEC and OPEC+, a dramatic move that could
President Donald Trump ordered the United States Navy to fire on any Iranian boats that are placing mines in the
Two commercial cargo vessels were attacked on Wednesday in the strategically vital Strait of Hormuz, according to maritime security officials,
China’s President Xi Jinping has called for the immediate restoration of shipping activity through the strategically critical Strait of Hormuz,
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
Get notified about new articles
