The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

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President Ferdinand "Bongbong" Marcos Jr. on Wednesday said that the government is preparing to roll out fuel subsidies in response to the expected ...

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The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past ...

Asian shares are mixed and oil prices have dropped Wednesday as investors calmed from the jitters of conflict in the Middle ...

An accidental collision between two oil tankers in the Sea of Oman, indicates that the incident was caused by a navigational misjudgment by one of the vessels, the ...

Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.

Tokyo Gas, Japan's largest city-gas supplier, announced on Wednesday that it anticipates no direct impact on its LNG ...

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are ...

Business entities using the Mombasa port are holding onto hope that the Israel-Iran war will not escalate into a damaging ...