The EU has urged member states to lower natural-gas storage targets and start refilling reserves gradually to curb demand, as ...

Strait of Hormuz closure hits 20% of global oil, LNG supply * World facing rising prices, prospect of reduced consumption * ...

The Trump administration waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday in its latest attempt ...

Iranian gas supplies to Iraq have resumed at a rate of five million cubic metres per day, the Iraqi electricity ministry said on Saturday, according to the state news agency. Flows had been halted ...

Iraq's Oil Minister Hayan Abdel-Ghani said crude production at Basra Oil Company has been cut to 900,000 barrels per day (bpd ...

Iran is ready to let Japanese-related vessels pass through the Strait of Hormuz, a vital artery for global oil supplies, Kyodo news reported, citing Iranian Foreign Minister Abbas Araqchi. Tehran has ...

The Panama Canal is operating at top capacity with a daily passage of between 36 and 38 vessels, the waterway's chief ...

The world’s top energy executives return to Houston next week as the escalating U.S.-Israeli war on Iran has become a ...

Iraq has declared force majeure on all oilfields developed by foreign oil companies after military operations in the region disrupted navigation through the Strait of Hormuz, halting most of the ...

The U.S. Energy Department said it had awarded contracts to loan 45.2 million barrels of crude oil from the Strategic Petroleum Reserve as of Friday. Companies that have been awarded the SPR contracts ...

Assuming Kevin Warsh succeeds Jerome Powell as Federal Reserve chair by mid-May as planned, one of his first acts may be to ...

Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion ...