The closure of the shipping route, where more than 20% of daily oil consumption passes, remains a very low-probability event.

Possibility of Iran shutting down the Strait of Hormuz, a key lane for Middle Eastern oil and gas shipments from the Persian ...

The junction is a “convergence point for all the pipelines in southwest Iran, where the country’s main oil fields are located ...

Iran suffered an oil leak just a few miles from Kharg Island ... The leak, which authorities are battling to control, happened on subsea pipelines about four miles from Kharg, the news agency ...

off Iran’s Kharg Island, the country’s IRNA news agency reported on Wednesday. The leak from oil pipelines was reported on Sunday and the required actions have been taken, IRNA cited a local ...

On Wednesday, Iran suffered an extensive oil leak, according to reports from local Tasnim and IRNA news agencies. The leak occurred close to ...

Energy markets are trying to digest what a Trump presidency means for oil & gas prices. The policies are expected to be ...

Iran’s IRNA news agency said the incident occurred on Sunday offshore Kharg Island. The oil came from subsea pipelines and the “required actions” have been taken, IRNA cited a local official ...

A pipeline explosion at a natural gas complex operated by Petroleos de Venezuela in the country's Eastern Monagas state has ...

The junction is a “convergence point for all the pipelines in southwest Iran, where the country’s main oil fields are located,” they write. Targeting key infrastructure like pipeline ...