US President Donald Trump reacted to a social media post suggesting that a “wave of empty tankers” is heading towards the United States to collect crude oil. Sharing the post on Truth Social on Saturd...
Two US senators have called for a federal probe into suspicious oil trading activity that took place shortly before major announcements by US President Donald Trump on the Iran conflict, raising conce...
Oil prices rose on Friday with Brent Crude climbing above $96 a barrel and West Texas Intermediate (WTI) crude near $99 a barrel, as markets reacted to renewed supply risks in the Middle East.In the e...
Oil prices inched higher on Thursday after suffering their steepest single-day fall since April 2020, as uncertainty around the Strait of Hormuz and renewed tensions in the Middle East kept markets on...
Oil prices fell sharply on Wednesday with Brent crude and US West Texas Intermediate (WTI) crude both slipping below the $100 per barrel mark after President Donald Trump announced a two-week ceasefir...
File photo (Picture credit: AP) US stocks fell on Tuesday as investors turned cautious ahead of President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz, with markets on edge over whe...
US-Israel targeted Kharg Island in a fresh wave of attacks on Tuesday, striking Iran’s key oil export hub as the conflict intensifies. Multiple explosions were reported on the island, with US official...
US President Donald Trump on Sunday issued one of his starkest warnings yet to Iran, saying he was considering “blowing everything up and taking over the oil” if Tehran failed to reach a deal to reope...
In a first since fuel price deregulation, state-run oil marketing companies (OMCs) have moved to pay discounted rates to refineries for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limi...
This photo provided by NOAA Fisheries shows a Rice’s whale at the surface in the Gulf of Mexico. (NOAA Fisheries (Permit #779-1633) via AP) A rarely used federal panel with the authority to override e...