Arabian Gulf oil flows have held near 14 million barrels a day despite the latest escalation in tension between the U.S. and Iran, U.S. Energy Secretary Chris Wright said on Sunday. "The seven-day trailing average right now is just under 7 million barrels a day" through the Strait of Hormuz,

By Ahmad Ghaddar, Jonathan Saul and Nerijus Adomaitis LONDON, July 3 (Reuters) - Gulf oil exports in June jumped more than 3 million barrels from May to exceed 10 million barrels per day as the U.S. military helped to keep oil flowing through the Strait of Hormuz,

Recovery hinges both on whether tankers can freely transit the strait, and if the region’s oil producers can load enough crude once these vessels are ready to sail, according to Rystad Energy.

Gulf NOCs are prioritizing long-term stability and economic transformation over direct entanglement in regional conflicts, even amid escalating tensions and military actions. Each major Gulf NOC, including Saudi Aramco, UAE's ADNOC, and QatarEnergy ...

Oil tanker operators are reaping record ​profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf ‌region this week on rising demand as traffic through the waterway slowly picks up,

Add Yahoo as a preferred source to see more of our stories on Google. The Trump administration on Tuesday exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act after Defense Secretary Pete Hegseth said environmentalists ...

Goldman Sachs finds 60% of Gulf oil exports could bypass the Strait of Hormuz by 2028 as Saudi and UAE pipeline capacity hits 4.7 million bpd.

US disables unladen oil tanker using Hellfire missiles in strait of Hormuz amid concerns strikes could spiral into open conflict