News

Energy Secretary Chris Wright discusses President Trump's directive to 'drill, baby, drill' as Iran threatens to blockade the ...
Neil Atkinson, the former head of the IEA's oil division, discusses oil markets amid tensions in the Middle East.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport ...
When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...
China has been diversifying its sources for oil imports well before the current Middle East tensions.
CNN’s Erin Burnett reports from the United Arab Emirates as a ceasefire is set to begin after days of hostilities between ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Ocean freight rates from Shanghai to the Port of Khor Fakkan on the United Arab Emirates' Indian Ocean coastline are up 76% ...