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The Adalynn and Front Eagle oil tankers collided and caught fire on Tuesday 24 nautical miles off the coast of the UAE in the ...
OIL prices eased in Asian trade on Wednesday, after a gain of 4% from the previous session, as markets weighed the chance of ...
Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.
An accidental collision between two oil tankers in the Sea of Oman, indicates that the incident was caused by a navigational misjudgment by one of the vessels, the UAE's energy ministry said on ...
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are ...
Business entities using the Mombasa port are holding onto hope that the Israel-Iran war will not escalate into a damaging ...
Oil prices stabilised Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict ...
Iran, OPEC’s third-largest producer, pumps around 3.3 million barrels per day (bpd). While prolonged conflict could curb its ...
Several days have passed since the direct military confrontation between the Islamic Republic of Iran and the Israeli regime ...
U.S. President Donald Trump on Tuesday called for Iran's "unconditional surrender" as the Iran-Israel air war entered a sixth ...
Iran’s allies, the self-described “Axis of Resistance,” have been severely hurt by ongoing Israeli attacks since the Oct. 7, ...
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