The government’s decision to reduce fuel prices in the next pricing window has reignited discussions on the relevance of ...

Satellite images showed oil storage tanks burning at Russia's Baltic Sea port of Ust-Luga and damaged tanks at the Primorsk ...

Saudi oil officials said prices could soar past $180 a barrel if severe supply disruptions from the war in Iran last past April – potentially hammering foreign economies and the US as gasoline costs ...

Baltimore’s longtime olive oil heavyweight Pompeian has quietly cranked things up a notch. This spring, the company opened a new high-speed production line at its Pulaski Highway headquarters after ...

Ukrainian drones attacked the Caspian Pipeline Consortium's marine terminal in southern Russia early Monday, damaging a ...

The supplier has suffered major disruptions arising out of Iran restricting access through the Strait of Hormuz ...

Russia's defence ministry said Ukrainian drones struck the maritime transhipment complex at Novorossiysk overnight, with the ...

The US has negotiated a ceasefire to reopen the Strait of Hormuz, but Asian allies are already relying on others for energy ...

Prefer Newsweek on Google to see more of our trusted coverage when you search. Suspected oil tankers have been seen loading fuel at Iran's Kharg Island, two days after President Donald Trump ordered U ...

JPMorgan reports that the US attack on Iran's oil hub will likely have a temporary, limited impact on global oil supply.

US government officials and Wall Street analysts are starting to consider the prospect that oil prices might surge to an ...