Crude prices spiked by nearly 7% in early trading hours of Asian markets on...
Drone Strikes Set Omanis Port’s Oil Tanks Ablaze
A drone assault at Oman's Salalah port triggered a significant fire at oil storage...
‘Gulf War 3’ Eruption Leaves Trump Caught in Political Crosshairs
Alexander Redman, Chief Equity Strategist at CLSA, describes the escalating Middle East conflict—termed "Gulf...
IEA Considers Record Oil Reserve Release to Counter Price Surge
The International Energy Agency is preparing for its largest-ever coordinated oil reserve release in...
Global Oil Markets Drop Sharply after Trump Signals on Iran War Ending
Oil prices fell significantly on Monday following President Donald Trump's remarks indicating that military...
Iran Appoints Mojtaba Khamenei as New Supreme Leader
Iran has appointed Mojtaba Khamenei as its new supreme leader following the death of...