Iran has struck a fully laden Kuwaiti oil tanker in the anchorage area of Dubai port, causing structural damage to the vessel’s hull and igniting a...
The Trump administration is exploring a partial rollback of sanctions on Russian oil, three sources familiar with the matter told Reuters, in a move that would...
Qatar’s Minister of State for Energy Affairs, Saad al-Kaabi, has warned that the ongoing conflict in West Asia could push global economies toward a precipice, according...
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued an indefinite license covering operations related to the German subsidiaries of Russian...
The Venezuelan government and the US are conducting a thorough review of dozens of clandestine oil contracts signed during the tenure of Nicolas Maduro, who was...
The Chinese government has instructed the nation’s leading oil refineries to suspend exports of diesel and gasoline as the escalating conflict in the Gulf threatens to...
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...
The United States and Taiwan formally executed a trade agreement on Thursday, reaching a consensus to slash tariffs on a spectrum of food imports and a...
Venezuelan oil is poised to replace Russian supplies in the Indian market as the South Asian nation’s refiners pivot toward a shifting energy landscape. Indian refiners,...
Turkish oil refineries have reduced their crude oil purchases from Russia in the wake of US sanctions, increasing imports from Iraq and Kazakhstan instead. According to...
