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...
Greek shipping giants have secretly transported oil, coal, and military cargo to Israel, according to a report by the No Harbour for Genocide campaign published by...
Britain will host an international summit involving 35 nations to establish a coalition aimed at reopening the Strait of Hormuz, the government announced Wednesday. The move...
Asian countries are confronting deepening energy crises triggered by the conflict between the US and Iran, according to a report by the Financial Times. In a...
