The Ceylon Petroleum Corporation (CPC) has reassured the public that Sri Lanka will not face a fuel shortage, even if the ...

US-Iran tensions impact oil markets and the strategic Strait of Hormuz. See why market resilience defies expectations despite ...

Iran’s nuclear program wasn’t as damaged by U.S. airstrikes early Sunday as President Donald Trump had claimed, according to ...

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, ...

Oil prices have slumped. A barrel of U.S. crude fell 6% to around $64, and Brent Crude, the international standard, had a similar drop.

A longtime friend of Tehran, Beijing jumped into verbal action when Israel attacked Iran nearly two weeks ago When Israel ...

Oil prices dropped in Tuesday trading, as traders have learned that "no wars will stop the flow of oil," said Manish Raj, ...

The national average price for a gallon of gasoline is $3.22, up eight cents from last Monday. One year ago, the price was $3 ...

Half a dozen ships have diverted course on the way to the Strait of Hormuz, the crucial waterway connecting the energy-rich ...

China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...

BRUSSELS — Foreign ministers from across the European Union gathered in Belgium on Monday for their regularly scheduled ...