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 ...

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

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

In May 2022, Iran and Oman agreed to develop two undersea gas pipelines and an oil field along their maritime borders. If this materialises, extending these to India could be an option.

We expect oil and European gas prices to fall throughout 2025, with both balances looking more comfortable. The macro and ...

Discounts on Iranian crude oil sold to China are at their tightest in around five years as lower exports drive up prices amid ...

The conflicts in the Middle East and Europe are different parts of a single global war, experts said last night. It follows ...

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 ...

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 ...

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 ...