OPEC oil production fell in May to its lowest monthly level in more than two decades, according to a Reuters survey. The decline was driven by...
Russia is preparing to privatize the state’s stake in Novorossiysk Commercial Sea Port (NMTP), one of the country’s largest port operators, as the government seeks to...
Iran has committed to immediately reopening the Strait of Hormuz and restoring prewar levels of maritime traffic within 30 days if a framework agreement with the...
Chinese President Xi Jinping and Russian President Vladimir Putin deepened their partnership in Beijing on Wednesday with a series of agreements and a joint declaration calling...
The Central Intelligence Agency has assessed that Iran could withstand a US naval blockade for 90 to 120 days, and possibly longer, according to a report...
United States Central Command (CENTCOM) has announced a major military deployment to the Strait of Hormuz as part of “Operation Freedom,” dispatching guided-missile destroyers, combat aircraft,...
US Central Command (CENTCOM) has reportedly requested authorization to deploy Dark Eagle hypersonic missiles to the Middle East for potential use in strikes against Iran. Citing...
Iran has requested comprehensive sanctions relief and the unfreezing of more than $20 billion in assets from the US, according to a report by CNN citing...
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...
The US administration has notified Britain that it will be subject to an audit alongside other NATO members to identify countries that must be penalized for...