The Strait of Hormuz is the narrowest point in the Persian Gulf and a vital link for oil shipments. See where it is and what could happen next.
Oil prices are up sharply as the widening Iran war disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world’s oil supply.
Most of Iran's exported oil goes to China and is carried on so-called "shadow ships," tankers that actively conceal their ...
The U.S.-Israel war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages ...
Iraq has cut oil production by nearly 1.5 million barrels a day and those cuts could widen to more than 3 million bpd within days as the country runs out of storage and cannot export crude due to the ...
The Dangote petrol price has increased from N774 to N875/litre. Discover the reasons behind the hike, linked to global crude oil price volatility.
Tehran says it doesn't intend to shut the Strait of Hormuz but digital signals indicate that oil-tanker traffic may have ...
NPR's Ayesha Rascoe speaks to Esfandyar Batmanghelidj, CEO of the Bourse & Bazaar Foundation, about the sorts of tactics Iran can deploy in response to U.S. and Israeli strikes.
The once debt-free province says a dramatic rise in population, coupled with low oil prices, is to blame for the sobering financial outlook.
Aaron Hill, chief market analyst at FP Markets, told Rigzone that oil prices are edging higher today as the market leans on ...
Arabian Gulf Business Insight on MSN
Aramco launches two gas projects after crude export volumes rise
Saudi Aramco announced it has begun operations on a shale gas project and separate gas plant as fears heighten of regional conflict that could threaten Saudi Arabia’s export capabilities. The ...
Oil prices held near seven-month highs on Wednesday as investors weighed up the threat to oil supply from potential military conflict between the U.S. and Iran.
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