News

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
How big is Iran’s oil industry? With about 157 billion barrels of proven crude oil, Iran holds about a quarter (24 percent) ...
U.S. stocks slumped on Tuesday under the weight of another jump for the price of oil. It was a return to form for financial ...
New Jersey gas prices inched up over the past week as hostilities between Israel and Iran rattle global oil markets and push ...
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Oil prices rebounded on Tuesday morning in Asia after US President Donald Trump called for the immediate evacuation of Tehran ...
Oil prices resumed their upward climb and U.S. futures were lower early Tuesday after Israel’s military issued an evacuation ...
Ongoing strikes between the two countries have led to concerns about damage to energy infrastructure in the region ...
Another area of concern is the rupee. A weaker rupee would increase import costs if crude oil prices rise. This is where the ...
The dramatic escalation in tensions between Israel and Iran caused a spike in the price of crude and raised fears among oil ...
Early Monday morning, the Israeli military warned residents in several areas of an imminent Iranian attack and urged them to remain near shelters and safe rooms. Iran struck a residential block in ...
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...