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

Geopolitical tension in the Middle East could boost Brent oil and United States Brent Oil Fund, LP ETF. Click for my updated ...

India's energy sector anticipates a potential game-changer as exploration in the Andaman Sea hints at an oil field mirroring ...

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from storage broker The Tank Tiger, as traders brace for a flood of increased ...

Ras Tanura, the largest port in the world’s top crude oil exporter, Saudi Arabia, has the capacity to ship 6.5 million bpd of crude, which is equivalent to 7% of the volume of global demand for oil.

A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...