Bahrain reports an attack on fuel tanks as Saudi Arabia shoots down drones headed towards an oilfield.

Goldman Sachs has once again revised its oil price outlook, now expecting Brent crude to trade at $71 per barrel in the final quarter of the...

The conflict has spread across the Middle East and prompted plans for a record release of strategic oil reserves to dampen one of the worst...

Donald Trump claims US has 'won' war with Iran but needs to 'finish the job'

A coordinated US-Israel strike on Iran has ignited a full-blown regional crisis. Following Ayatollah Khamenei's death and his son's success...

Iran's campaign to restrict the world oil supply has seen it block the vital Strait of Hormuz waterway and allegedly lay down mines to targe...

Iraq says at least one killed in Basra port attack as country halts operations at oil ports

It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.

Oman has taken a significant step by relocating all vessels from its main oil export terminal at Mina Al Fahal, located just outside the cri...

Canadian investor Kevin O’Leary addressed the issue of spiking oil prices on Wednesday amid the U.S.’s ongoing military operations against I...

Two oil tankers carrying Iraqi oil products caught fire Wednesday after being struck in Iraqi territorial waters near the country’s southern...

With Iran attacking tankers in the Strait of Hormuz, President Trump and several other countries are tapping emergency reserves to bring dow...

Tehran may seek to choke off oil traffic through the vital Strait of Hormuz following US and Israeli strikes on Iran, raising fears it could...

In a strategic move, Venezuela's acting President Delcy Rodriguez appointed Paula Henao as the new oil minister, filling a pivotal position...

Amid escalating tensions in the Middle East, Iran has issued a stark warning that global oil prices could surge to $200 a barrel. This warni...