The war with Iran is disrupting oil and LNG shipments through the Strait of Hormuz, a key artery for global energy trade, sending prices higher and threatening global growth.

March WTI crude oil (CLH26) on Wednesday closed up +2.86 (+4.59%), and March RBOB gasoline (RBH26) closed up +0.0536 (+2.80%). Crude oil and gasoline prices rallied sharply on Wednesday amid mounting ...

LAUNCESTON, Australia, Feb 18 (Reuters) - Asia's imports of crude oil are on track to hit a record high in February as the recent strong run continues, but the mix of suppliers is starting to shift in ...

India maintains a strategically diversified mix of crude oil imports from multiple sources to ensure energy security, balancing affordability, logistics, and geopolitical risks. No gym, no ...

India’s refiners rely on discounted Russian heavy crude that is difficult and costly to replace. Switching to U.S. oil would raise costs and strain refinery operations. Washington’s tougher stance ...

Crude oil stocks, not including the SPR, stood at 420.3 million barrels on January 30, according to the EIA's latest weekly petroleum status report. U.S. commercial crude oil inventories, excluding ...

U.S. crude oil inventories fell last week as a decline in production amid winter storm Fern partially offset a rise in imports, according to data released Wednesday by the U.S. Energy Information ...

The U.S government’s removal of Venezuelan President Nicolas Maduro last month is upending broader geopolitics as we know it. Informed by the second Trump administration’s focus on the Western ...

Crude oil futures ended little changed Friday but wrapped up their largest weekly gains since October, as the buildup of U.S. military forces in the Middle East heightened concerns that strikes ...

To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Venezuela will need massive foreign investment and years of infrastructure rebuilding to lift ...