The closure of the shipping route, where more than 20% of daily oil consumption passes, remains a very low-probability event.

Possibility of Iran shutting down the Strait of Hormuz, a key lane for Middle Eastern oil and gas shipments from the Persian ...

Oil and gas producers in the United States expect to find it easier to ramp up output and exploration under the incoming ...

The discounts are the narrowest since Chinese independent refiners, known as teapots, stepped in as buyers in late 2019 ...

China faces a squeeze on supplies of cheap Iranian crude, which make up about 13% of imports by the world's biggest buyer of ...

China continues to defy U.S. @USTreasury sanctions by allowing blacklisted vessels to offload illicit cargo, providing #Iran ...

Oil and gas producers in the U.S. expect to find it easier to ramp up production and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for their ...

Russia’s seaborne crude exports to European countries have ceased, with flows to Bulgaria halted at the end of last year.

Navios Maritime Partners has capitalized on shifting trade routes and geopolitical uncertainties, boosting its stock by 59.6% ...

The biggest contribution to the increase is the Brent Crude oil price which increased from $72.82 to $75.07 per barrel. This ...

Former US President Donald Trump's potential return to the White House could spell trouble for China's access to cheaper Iranian oil. Trump's 'maximum ...

ZIM Integrated Shipping is expected to face earnings losses in H1 2025, likely resulting in no dividend payout. Learn why ZIM ...