The paralyzation of the key Strait of Hormuz waterway has ignited a crude storage crisis in the Middle East, analysts say. Major oil-storage facilities in Saudi Arabia and Iraq are filling rapidly, ...

Oil prices are leaping Monday with worries that the Iran war will clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, are swinging between sharp losses and a tiny gain ...

Investigation found that many of the companies in this network do not last very long.(Representational) An alleged email slip-up has blown open a $90 billion Russian oil network, revealing that dozens ...

India is in a comfortable position in terms of crude oil and gas, government sources told NDTV today as the war in the middle-east that started with the US-Israel air strikes on Iran escalated. "We ...

NEW YORK (AP) — Oil prices are leaping Monday with worries that war in the Middle East will clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, are swinging between ...

Investing.com -- Oil prices rose sharply Monday on concerns of increasing supply disruptions after the U.S. and Israel launched a wave of attacks against Iran. At 11:23 ET (16:23 GMT), Brent oil ...

SINGAPORE, March 3 (Reuters) - Zhejiang Petrochemical ‌Corp, a major Chinese refiner backed by Saudi Aramco (2223.SE), opens new tab, is shutting a 200,000-barrel-per-day unit, bringing forward ...

US stocks declined but closed off session lows on Tuesday after Israel and US jets launched new strikes on Iran, as the widening conflict stoked worries about a drawn-out regional war. Traders have ...

NEW YORK (AP) — Oil prices leaped Monday on worries that war with Iran could clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, swung from sharp losses to a tiny gain ...

The latter two nations carried out a joint operation, launching multiple “pre-emptive” strikes in a daylight operation that killed Iranian Supreme Leader Ayatollah Ali Khamenei and at least 40 of his ...

Iran has stepped up threats to international shipping in the Strait of Hormuz, with a senior Revolutionary Guards commander warning Tehran would 'burn every ship' attempting to pass and drive oil ...

Even without a global supply interruption, heating with oil is costly. It's not uncommon for a single-family home to spend thousands of dollars in a single winter month. Oil recently spiked to over ...