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Iraq's oil exports increased significantly in August and September. This rise followed wide profit margins and Iranian tanker passage approvals
Donald Trump has reportedly proposed renaming the strategically vital Strait of Hormuz to 'Trump Strait.' This suggestion, if acted upon, would mark a significant and potentially controversial rebranding of a critical global waterway. Listen to this article in
Abu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms
Venezuela may be pumping more crude and attracting renewed interest from global oil traders, but its ageing ports are emerging as a major obstacle to the country s export ambitions.Tankers are reportedly waiting for as long as 30 days to load Venezuelan crude
Kuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990 invasion, impacting its economy significantly
A US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and China's oil flows are unlikely
Traffic through the Strait of Hormuz continued to improve compared to pre-US and Iran agreement levels on Tuesday, with some ships crossing through a new IMO evacuation route, tracking data showed.As of 1500 GMT on Wednesday, maritime tracking firm Kpler recor
Iran's Revolutionary Guard targeted US Fifth Fleet facilities in Bahrain. This action responded to US actions in the Indian Ocean and shipping route controls
Iraqi Prime Minister Ali al-Zaidi will meet US President Donald Trump in Washington on Tuesday, as the US administration piles pressure on Baghdad to curb Iranian influence. Washington had suspended the payments earlier this year as it pressured Baghdad to dis
Passage through the Strait of Hormuz is now unfeasible, according to the Persian Gulf Strait Authority. Recent U.S