MOL Group takes delivery of first cargo since signing long term deal with compatriot MVM Group to lift more crude from ...

With a ceasefire in place between Israel and Iran, U.S. Central Command is watching the Strait of Hormuz, the narrow ...

The Trump administration has launched a 14-day approval process to expand the Wildcat loadout, a fossil fuel facility near Price, Utah. The expansion would quintuple the volume of oil that can be ...

American military and diplomatic outposts across the globe are on high alert after a U.S. bombing raid on Saturday struck ...

In a sense, then, this felt like a repeat of 2020, when Iran fired missiles at an American base after Mr Trump ordered the ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

The Strait of Hormuz is between Oman and Iran, which boasts a fleet of fast-attack boats and thousands of naval mines as well ...

The world’s largest shipping trade group, Bimco, says several operators have begun halting transits through the narrow waterway.

Naval forces in the Middle East warned that ships, especially U.S.-linked ones, could be at heightened risk after the U.S.

The largest oil tanker in the world is the FSO Oceania and it's a beast of a ship. The Oceania has a crude oil capacity of 3 million barrels. If that sounds like a lot of oil, ...

Biden administration sanctions Russia’s oil giants and tanker fleet. The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...