Brent settles at US$97.31 a barrel as shipping through Hormuz slows, while Goldman Sachs warns of US$120 oil if vessel attacks intensify Oil climbed to its highest levels in six weeks on Monday ...

U.S.-Iran hostilities are escalating again as President Trump weighs possible retaliation targeting Iran’s Kharg Island, a crucial oil-export hub in the Strait of Hormuz. Follow the latest Iran news ...

The US sold two seized fleet tankers, Era and Lileo, for scrap after authorities linked the vessels to Russian ownership structures and sanctioned oil trades, Reuters reported. Dubai-based recycling ...

Add Yahoo as a preferred source to see more of our stories on Google. There has been an uptick in pirate attacks off the coast of Somalia, and a ship linked to Iran's alleged attempt to circumvent ...

Two US Tanker Aircraft Leave Bulgaria a Month After Deployment Upset Iran Aug 22 (Reuters) - Two U.S. ⁠tanker ⁠aircraft have left Bulgaria’s ⁠Bezmer air base, Bulgaria's defence minister said on ...

On the afternoon of July 25, the Greek-owned supertanker Kiku docked at Qatar’s Mesaieed oil export terminal, a massive, 30-berth port on the country’s west coast, 25 miles south of Doha. Four days ...

Venezuela has plenty of oil buyers again. What it does not have is enough functioning port infrastructure to get them their crude. Tankers are waiting as long as 30 days to load Venezuelan oil as ...

There has been an uptick in pirate attacks off the coast of Somalia, and a ship linked to Iran’s alleged attempt to circumvent sanctions has become the latest victim. According to Reuters, the Sibu 1, ...