Gas prices could rise 25-50 cents per gallon as Middle East tensions threaten global oil supplies after strikes on Iran ...

If the United States buys so little oil from the Persian Gulf, why would a war in the region cause gas prices here to spike?

South Korea is on the verge of securing a significant crude oil supply agreement with Kazakhstan, as the nation moves aggressively to diversify its energy sources away from the volatile Middle East.

Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a ...

Dubai crude oil prices surpassed $150 a barrel as transit in the Strait of Hormuz was crippled by the U.S.-Iran War. Brent ...

Oil producers across the Middle East face a tense countdown as the Iran war blocks the region’s main export artery, filling ...

Producers in the Middle East have asked Asian refiners to submit crude oil loading programmes for April and May in ...

Now that the situation in Iran is thoroughly complex—enough that it could take months or even years to solve, according to ...

The shortfall in oil supplies originating from the Middle East is now being acutely felt.

Oil from the Middle Gulf region is primarily medium sour grades, with about 88% of imports from the region made up of this grade, EIA said. The West and Gulf coasts each accounted for about half of ...

Japan plans to release an additional 20 days’ worth of oil reserves starting in early May, Prime Minister Sanae Takaichi said ...

The halt to energy shipments through the Strait of Hormuz is disrupting how some of the world’s major oil grades are priced.