Hungary’s newly elected Prime Minister Péter Magyar has pledged to block all illegal migration, reject European Union quotas, and challenge Brussels’ punitive fines, signaling a highly...
India has asked Washington to extend a US license easing sanctions on Russian oil beyond its May 16 expiration date, Bloomberg reported, citing sources familiar with...
Iraq and Pakistan have signed agreements with Iran to secure oil and liquefied natural gas (LNG) shipments from the Gulf, underscoring Tehran’s ability to control energy...
Mike Wirth, the CEO of US energy giant Chevron, warned on May 4 that a physical shortage of crude oil is beginning to take hold, driven...
The United States exported a record 5.2 million barrels of crude oil per day in April, according to data from the commodity analytics firm Kpler. This...
China faces the prospect of new US sanctions as it moves forward with a plan to sell massive quantities of Iranian crude oil currently held in...
While the declaration of a ceasefire between the US and Iran has provided immediate relief to global oil markets, the shocks originating from the Strait of...
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...
A ceasefire agreement between Washington and Tehran has failed to halt the global energy crisis, driving North Sea oil prices to record levels. A frantic scramble...
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...
