India on Friday moved to protect its fuel supply and consumers by reducing domestic taxes on gasoline and diesel and imposing a levy on fuel...

Authorities say the oil is seeping from three sources, including a vessel that has not yet been identified.

The government has imposed export duties on diesel and turbine fuel to boost domestic availability and energy security, estimating Rs 1,500...

Crude oil prices were set for a sharp decline this week despite ongoing hostilities in the Middle East, as traders pinned their hopes on Pre...

It is the single point of failure of globalised production.

After weeks of doubt over Trump's intentions, and whether America is prepared to commit 'boots on the ground' in the war, an all-out invasio...

Iran is experiencing a dual benefit from rising oil prices, with daily revenue increasing significantly in March. Despite ongoing tensions,...

An oil spill in the Gulf of Mexico has spread over 600 kilometers and affected seven pristine nature reserves, authorities report. Allegedly...

The U.S. federal government is modeling a scenario with crude oil at $200 per barrel to see what the potential fallout of such a price surge...

The oil market may be sleepwalking into a significant move higher if the Strait of Hormuz remains blocked beyond March. The massive loss of...

The secretary of state said the United States and Iran were passing messages to each other as he headed to France for a diplomatic meeting o...

Southeast Asia is among the areas hardest hit by Iran's cutoff of oil and gas through the Strait of Hormuz, with many nations almost entirel...

WASHINGTON D.C. (KEYT) – On Thursday, members of California's Congressional delegation hosted a press conference regarding the impact of the...

The Russian Embassy in London has condemned the step as “piracy” Russia has slammed a UK a...

The Dow Jones Industrial Average dropped 469 points, or 1%, and the Nasdaq composite sank 2.4% to fall more than 10% below its all-time high...