Around 84 per cent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

“Flows through the Strait of Hormuz in 2024 and the first quarter of 2025 made up more than one-quarter of total global seaborne oil trade and about one-fifth of global oil and petroleum product ...

Surely, Nigerians understand that. If anything, it seems the way to go. Most certainly, it is a far cry from the chant which comes basically to putting Nigeria’s leading entrepreneur to the sword, and ...

Thailand is imposing new border restrictions including blocking tourists from entering Cambodia as the two countries engage ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

But at least one expert said he does not believe the concerns are warranted. GasBuddy Head of Petroleum Analysis Patrick ...

India relies on diversified energy sourcing and could restrict exports of any refined petroleum product in case of domestic ...

Analysts widely expect any move to restrict the flow of shipping traffic in the Strait of Hormuz to bring a spike to oil ...

Following America's bombing of nuclear sites in the Middle East, petroleum analysts stated they anticipate an increase in oil and gasoline prices.

Draft legislation released by the Senate Finance Committee includes $18 billion in new tax benefits for oil and gas companies ...

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