Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on wha...

Several Middle Eastern states have introduced overarching national strategies with aims to diversify their energy mix to reduce their relian...

Any disruption reverberates instantly through global markets and supply chains

Energy markets are starting to react to the U.S.-Israel bombing campaign against Iran, which is stepping up retaliation in the region.Br...

Footage from the Strait of Hormuz shows an oil tanker ablaze after a reported hit from an unidentified projectile.

OPEC+ agreed on Sunday to raise oil output by a modest 206,000 barrels per day (bpd) in April, opting for a cautious supply increase even as...

‘The Super Mario Bros Movie’ ranks as one of the biggest films of all time

By Renée Rigdon, Hanna Ziady, Auzinea Bacon, CNNThe United States and Israel’s strikes on Iran are expected to spark a surge in oil price...

RIYADH — The eight countries of OPEC+ have agreed an increase in production by 206,000 barrels per day (bpd) from April. The OPEC+ countries...

The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would “closely monitor and assess mark...

An oil tanker registered under the Marshall Islands, named MKD VYOM, was reportedly struck by a projectile as it sailed off the coast of Oma...

Israel said on Sunday it had launched more attacks on Iran, while the Iranian government continued strikes on Israel and on U.S. targets in...

An oil tanker, the Skylight, was attacked off Oman's coast, injuring four crew members and prompting an evacuation. This incident follows Ir...

The country has an estimated 31 billion tons of recoverable reserves, according to Aleksandr Novak...

The spokesperson for the Egyptian Ministry of Petroleum and Mineral Resources, Mahmoud Nagy, confirmed that with the onset of military escal...