Iraq emerged as the largest OPEC crude oil supplier to the United States in May, driven by strong export volumes and ...

Some analysts, including JPMorgan, say prices could rise to about $130 a barrel in a severe scenario, while a complete blockade might send prices much higher — possibly up to $300.

Without a major change in the Iranian government, there remains a significant potential for future threats to oil supplies ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...

Oil futures declined and U.S. stock indexes rose despite fears Iran will close the Strait of Hormuz, a key waterway for ...

Monitor Gulf,This week in the Gulf, all eyes are on Syria as Donald Trump lifts US sanctions in a bid to accelerate its ...

Oil prices are expected to rise even higher in the coming week, as a result of the US attack on Iran’s nuclear sites. It is ...

As a net importer of crude, India faces mounting risks from rising oil prices — with potential implications for its economy, ...

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

If military operations between Iran and Israel continue, the global market may lose 5m bpd from Iraq and the Gulf states’ ...

President Donald Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the ...

Amid turbulence in West Asia, India is looking to reduce its dependence on oil from the region. Though crude prices dropped ...