The paralyzation of the key Strait of Hormuz waterway has ignited a crude storage crisis in the Middle East, analysts say. Major oil storage facilities in Saudi Arabia and Iraq are filling rapidly, ...
Oil futures rose on Monday following joint U.S. and Israeli military strikes on Iran over the weekend, as the escalating ...
Conflict escalates as Iran continues to retaliate heavily against key US regional allies and force shutdown of oil and gas ...
A supply disruption even at the mid-range of volumes at risk-7 to 8 million b/d of crude and products-would be higher than ...
ONGC and Oil India shares jumped up to 5% after global crude oil prices surged nearly 12% following escalating tensions in the Middle East. Here’s a detailed analysis of the market reaction and sector ...
The war between the United States and Israel against Iran has the potential to be the largest oil supply disruption in history if oil flows via the narrow Strait of Hormuz remain low or come to a halt ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. FREEPORT, TEXAS - JANUARY 14: The Nave Photon crude oil tanker is ...