Despite sustained pressure from the United States, India is maintaining its intake of Russian crude oil, as geopolitical volatility in the Middle East complicates Washington’s efforts...
Saudi Arabia has raised the price of its primary crude grade for Asia to record levels as Iran’s near-total closure of the Strait of Hormuz restricts...
Deutsche Bank has warned that US and Israeli military operations targeting Iran may mark a turning point for the dominance of the dollar in global oil...
Claims have surfaced that in secret negotiations between the United States and Iran, Washington has signalled a willingness to close its largest military base in the...
Investors executed roughly half a billion dollars in oil trades just minutes before Donald Trump announced “productive” talks with Iran, prompting questions about timing and market...
Asian governments are moving quickly to secure Russian oil supplies after the US temporarily lifted sanctions, opening a window for the purchase of previously restricted cargoes....
Britain faces a mounting economic crisis as the protracted conflict in Iran threatens to destabilize the nation’s energy security and fiscal health. While the war’s onset...
US Energy Secretary Chris Wright has signaled a definitive stance on the administration’s geopolitical strategy, clarifying that Washington has no intention of abandoning its rigorous sanctions...
G7 finance ministers are set to convene for discussions regarding a coordinated release of petroleum from emergency stockpiles, an initiative managed by the International Energy Agency...
As the conflict ignited by US-Israeli strikes on Iran spreads across the Middle East, and the de facto closure of the Strait of Hormuz sends shockwaves...