With the fear that Iran might try to choke the Strait of Hormuz, through which 20% of global crude oil is traded, India is ...

Iran is maintaining crude oil supply by loading tankers one at a time and moving floating oil storage much closer to China, ...

Discover why the Strait of Hormuz is crucial to India's energy needs, the potential impacts of its closure, and how India can ...

Trump on Tuesday appeared to undermine years of US sanctions on Iran, giving its biggest customer China the green light to ...

Foreign oil experts are leaving Iraq due to the escalating Israel-Iran conflict, causing concerns for regional oil supply and ...

Amid the ongoing conflict in the Middle East and rising crude oil prices, energy experts have said that oil supply through ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...

India imports more than 85 per cent of its crude oil needs and roughly half of its natural gas requirement. On gas, India's ...

“Following announcement by US President Trump that Israel and Iran have agreed to a ceasefire, prices fell sharply in early Asian trading,” Jetti Pe troleum, Inc. President Leo P. Bellas said in a ...

Iran's parliament has authorised the closure of the Strait of Hormuz in response to US airstrikes on its nuclear facilities, ...