Wood Mackenzie’s Sushant Gupta says jet fuel demand is lifting refining margins but warns crude shortages could force Asian run cuts. He adds that India and China are well positioned to secure Russian ...

It comes after a separate drone strike at Fujairah on Saturday, underlining the vulnerability of the UAE's only export route that bypasses the Strait of Hormuz.

India’s U.S.-Israel tilt is costing it leverage with Iran just as its ships struggle to get safe passage through the Strait ...

The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, ...

UniCredit has unveiled plans to increase its stake in Commerzbank above 30%. CEO Andrea Orcel said he does not expect the ...

Trump's comments come after he called on several countries to send warships so as to secure the critical waterway ...

The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the ...

European stocks started the new trading week in positive territory despite the ongoing unrest in the Middle East and elevated ...

Carr on Saturday blasted broadcasters shortly after President Donald Trump called reports that Iran struck five U.S. tanker ...

Senate Democrats remain opposed to SAVE America Act as Republicans prepare for floor vote this week. Here's what to know.

Net retail buying of oil ETFs hit a record $211 million on March 12, surpassing the previous peak seen during the market turmoil in May 2020, according to Vanda Research.

The two sides discussed new formal mechanisms to help manage trade and investment that may be considered by Trump and Xi in ...