The Trump administration made the announcement hours after Iran said the Strait of Hormuz was open to commercial ships, ...

Both countries are now blocking oil exports through the critical Strait of Hormuz.

Traffic through the strait, normally the conduit for a fifth of global oil output, has been severely curtailed since the start of the Iran conflict. But Iran itself is shipping oil through the ...

The U.S. reported that Iran, currently at war with Israel, has blocked the Strait of Hormuz, through which 20% of the world’s crude oil shipments pass, causing disruptions to neighboring oil-exporting ...

America produces more oil than it consumes, so it's often described as being "energy independent." In reality, that couldn't ...

Extensive damage from the Iran war, estimated at over $25 billion, underscores the current dependence on the Strait of Hormuz ...

BEIJING, April 18 (Reuters) - China's outbound shipments of refined oil products in March slid by 11.5% from the same period ...

April 2 (Reuters) - Russian oil output cuts are imminent because Ukraine's strikes on port infrastructure, pipelines and refineries have reduced export capability by 1 million barrels per day, or a ...

The latest Middle East tensions sheds light on how the world's three largest oil consumers have taken different approaches to ...

Oil markets and oil producing countries have been thrust into the spotlight in 2026 after escalating conflict between the US, Israel and Iran led Iran to disrupt shipments through the Strait of Hormuz ...

Iraq's oil exports in March 2026 fell to a historic low level of 600,000 bpd compared to 3.56 million bpd in February.