The Iranian military has the capability to blockade the Strait of Hormuz if necessary, says Iran's naval commander.

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

The Middle East and North Africa region navigates the future of energy by balancing its traditional dominance in oil and gas ...

Saudi Arabia’s crude oil supply to China will likely decrease in March compared to the previous month, trade sources told Reuters on Tuesday. This comes after the kingdom increased its prices to the ...

BEIJING: Two giants in China’s oil and refining sector have taken the biggest opposing positions in Middle East crude trading in years, transforming global cargo flows and puzzling oil traders ...

Shares of energy companies ticked up as traders anticipated higher tensions in the Middle East and in trade negotiations. Oil futures fell to their lowest settlement of the year so far, after official ...

Nearly three years on, Russia’s full-scale invasion of Ukraine in February 2022 has reshaped trade and investment in the ...