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Shell is exercising extreme caution with its tanker movements in the Middle East due to escalating tensions between Israel and Iran, impacting oil flow uncertainty and global trade.
Iran is OPEC's third-largest producer, extracting about 3.3 million barrels per day (bpd) of crude oil. But more crucially, about 19 million bpd of oil and oil products move through the key Strait of ...
The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Gas prices across the region have spiked in the past few days, and they could rise 30 cents more before July Fourth.
While Israel and Iran have engaged in a covert conflict for many years, the current situation marks a pivotal escalation, particularly as energy infrastructure has now come ...
The U.S. Embassy in Israel is working to evacuate American citizens trying to leave Israel amid its war with Iran.
U.S. gas prices are likely to climb higher, starting this week, as the conflict between Israel and Iran intensifies.
The recent military clash between Iran and Israel has sent shockwaves through global energy markets, causing oil prices to ...
As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait ...
The U.S. bombing Iran a year ago would have been unwise. Now it’s worth serious consideration. To bomb or not to bomb? That ...
Stocks edged higher as rising tensions in the Middle East fueled concerns of disruption in the Strait of Hormuz, through which roughly one-fifth of the world's petroleum is ferried. Meanwhile, ...
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