The U.S. Navy on Sunday fired on an Iranian container ship in the Gulf of Oman and the Marines later took custody of the vessel. Iran's Revolutionary Guard fired on a tanker in the Strait of Hormuz on ...

Oil prices plummeted by around 10% on Friday after Iran declared the Strait of Hormuz "completely open" amid a ceasefire between Israel and Lebanon. The West Texas Intermediate, the U.S. benchmark, ...

China is likely to return to buying large volumes of oil within weeks after selling down inventories during the peak of the Iran supply disruption, according to Mercuria. Marco Dunand, chief executive ...

Oil prices plummeted more than 10% on Friday after Iran's foreign minister said that the Strait of Hormuz will be open to all commercial shipping traffic for the duration of the ceasefire between ...

Oil prices climbed sharply in early Asian trade on Monday, as the U.S. Navy intercepted an Iranian vessel it accused of attempting to break its blockade. The seizure reignited fears of a major ...

Oil prices climbed Sunday after Iran once again blocked the passage of most ships through the Strait of Hormuz, a key waterway for one-fifth of the world’s crude. Brent crude, the international ...

Ukraine attacked two Russian refineries and other key oil targets overnight into Saturday, officials said, just hours after the United States granted Moscow another waiver on the sale of its ...

But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal. How much the international benchmark costs Notes: Data shows future contract ...

Oil prices rose Wednesday, as Iran claimed to have seized two ships in the Strait of Hormuz shortly after President Donald Trump extended the ceasefire. International benchmark Brent crude rose more ...

Moscow sent tanker with 700,000 barrels of oil to Cuba U.S. allowed that shipment for humanitarian reasons Washington to review other deliveries 'case-by-case' Cuba faces acute shortages, Trump trying ...

Oil prices are falling as traders show optimism that Iran’s latest statement on the Strait of Hormuz signaled an easing of tensions. “In line with the ceasefire in Lebanon, the passage for all ...