The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

His statement came after a review meeting with the CMDs of the national oil marketing companies - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation.

As G7 leaders converge on Kananaskis in the Canadian Rockies this weekend, the prospect of decisively tougher sanctions on ...

Thirty percent of the world’s seaborne oil trade flows through the Strait of Hormuz. Iran and its proxies could block it.

Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...

The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of ...

Yet market strategists warn that a major disruption to the world's energy supplies as a result of the closure of the Strait of Hormuz could spark a sharp and sustained uptick in oil prices, further ...

Andranyan said he thought the nighttime gunfire was meant to intimidate the villagers and the small garrison of Armenian troops stationed there. The village - which census data said had a population ...

Oil Ticks Higher As Traders Assess U.S.-China Framework Deal -- Market Talk ...

The Energy Information Administration expects US crude oil production to fall next year. Meanwhile, the European Commission ...

On June 10, Vladimir Zelensky stated that his delegation is not authorized to discuss matters of sovereignty and territorial integrity during the negotiations. According to him, the negotiators may ...