India is preparing to diversify its crude oil sources beyond the Persian Gulf and potentially reduce refined-product exports ...

The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...

Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

The UAE president spoke with Iran’s president to express solidarity, while the Emirati foreign minister urged the UN to ...

Shell warns that escalating tensions between Israel and Iran, potentially disrupting the Strait of Hormuz, could severely ...

Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry.

U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming ...

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...

About a fifth of the world's total oil consumption passes through the Strait of Hormuz, a critical waterway between the Gulf ...

Several shipowners are holding back vessels from Arabian Gulf routes. This has opened up opportunities for alternate loadings ...