After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...

Iran's South Pars gas field, which it shares with Qatar, was on fire after Israel's precision strikes. The fire was extinguished. However, the attack shows that Israel will go for Iran's economic ...

Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a ...

Iran has threatened to block the Strait of Hormuz on several occasions over the years, including in January 2012 in ...

The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

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The United States and its allies, in coordination with the IEA, last tapped emergency oil stocks in early 2022 after the ...

Saudi Arabia is expected to be Pakistan’s largest source of external financing in the upcoming fiscal year with over $6 billion in support as the South Asian country seeks to raise more than $20 ...

Of course, the most sensitive point Tehran could target is the Strait of Hormuz, a narrow shipping lane between Iran and Oman ...

Israel launched widescale strikes against Iran on Friday, saying it targeted nuclear facilities, ballistic missile factories ...