Oil prices dropped on Wednesday amid increased crude supply from Saudi Arabia and hopeful developments in US-Iran diplomatic talks. Brent crude fell to $99.18 a barrel, while WTI was at $90.17. Key ...

Iranian President Pezeshkian says Iran is not at war with Saudi Arabia after drones struck the East-West oil pipeline ...

West pipeline and could resume exports from the Red Sea port of Yanbu later on Tuesday, three sources briefed on the matter ...

JAKARTA – Saudi Arabia resumed operations of the East-West pipeline on Tuesday (22/9) after the route was shut down following ...

A drone attack from Iraq forced Saudi Arabia to close its East-West pipeline, the kingdom said, threatening a key workaround to Iran’s Persian Gulf blockade.

The war with Iran has plunged the world into an energy crisis. That crisis could be aggravated by the closure of a Saudi ...

The world’s second-largest crude exporter is rerouting crude via dark shipments and ship-to-ship transfers off Oman.

By Helen Clark and Siyi Liu PERTH/SINGAPORE, Sept 23 (Reuters) - Oil prices extended declines on Wednesday as investors eyed improved Gulf supply after Saudi Arabia restarted operations at a critical ...

The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of ...

The severe disruption of oil and gas flows out of the Persian Gulf resulting from the war between the U.S. and Israel and Iran, has saddled energy-importing nations with soaring bills, supply ...

The Hormuz disruption has added an estimated $330 billion to global energy import bills, exposing the vulnerability of relying on a single Persian Gulf export chokepoint. Gulf producers are ...

Oil industry executives are preparing for a prolonged U.S.-Iran war, with little expectation of a quick political settlement ...