The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world’s oil passes. Tankers ...

The Strait of Hormuz is one of the world’s most important economic chokepoints, and it has just been closed off by the conflict in Iran.

The U.S.-Israel war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages ...

California’s lack of pipeline access and heavy reliance on imported crude leave it uniquely exposed to a Strait of Hormuz ...

Roughly one-fifth of the world’s oil flows through the Strait of Hormuz. Here’s what’s at stake as the Iran conflict puts this narrow channel in the spotlight.

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 ...

Energy Secretary Chris Wright said on Wednesday the Trump administration will oversee the sale of Venezuelan oil and control the proceeds under a new export plan designed to get crude flowing again ...

The largest oil reserves of any country on the planet, more than 300 billion barrels, are estimated to lie beneath the ground in Venezuela. President Donald Trump is now laying claim to these vast ...

The Middle Eastern crude oil market is showing more signs of weakness amid growing concerns about a global glut that could drag prices still lower. The discount of the regional Dubai benchmark to ...

Citigroup predicts oil prices could climb by about 15% to 20% if Iran’s export volume of 1.1m bpd is disrupted Intensifying protests and a deepening political crisis in Iran could drive crude oil ...

WTI crude oil futures (CL1:COM) will be in focus after the U.S. on Saturday said it had conducted a strike against Venezuela and captured its leader, Nicolás Maduro. The move marked a culmination of ...

HOUSTON, Dec 31 (Reuters) - U.S. imported the least amount of crude oil last week in nearly five years, data from the Energy Information Administration showed, as companies looked to dodge a hefty ...