Oil News

The article suggests that oil markets have weathered the initial impact of the Iran war but now face a prolonged challenge.

President Trump suggested the U.S. might take control of Iran's oil resources after a potential conflict, drawing parallels to American involvement in Venezuela

Donald Trump has suggested the US could remain in Iran to control its oil resources, drawing parallels to actions taken in Venezuela.

President Donald Trump suggested the US could stay in Iran and "keep the oil," drawing a parallel with US actions in Venezuela, and reiterated his expectation f

The BRICS bloc includes several major oil and gas producers and exporters such as Russia, Saudi Arabia, the UAE, Iran, and Brazil. This highlights the group's s

Donald Trump suggested that Iran was 'probably' responsible for the attack on a Saudi pipeline, which led to its shutdown.

Houthi gains are putting Saudi Arabia's oil lifelines at risk.

BRICS is increasing its influence in global energy markets due to its membership including major oil producers and consumers, accounting for a significant porti

Prime Minister Narendra Modi and Russian President Vladimir Putin are scheduled to meet on the sidelines of the 18th BRICS Summit in New Delhi, with discussions

Enbridge has completed a US$2.55 billion acquisition of pipeline and storage systems in the U.S. midwest. This acquisition includes a 75 percent interest in the

Saudi Arabia is intensifying its military campaign against Houthi forces as Yemen appears to be moving towards a full-scale war, with oil-export routes once aga

Iran has warned it could target U.S. oil and gas assets in the Gulf if the U.S. launches further attacks on its facilities, following recent exchanges of strike

Qatar has warned of an "industrial catastrophe" if the current crisis continues, as data shows shipping traffic through the Strait of Hormuz has reached its low

Iran's attempts to use the Strait of Hormuz as leverage against the US by disrupting shipping have not achieved the desired global economic shock to force Washi

The article discusses the limited options Donald Trump faces for reopening the Strait of Hormuz, highlighting that the ongoing stand-off also imposes significan

पश्चिमी प्रतिबंधों पर भड़के रूस ने कहा है कि भारत को जितनी जरूरत है, उतना तेल देने को तैयार है, और दावा किया कि उनसे बेहतर डील कोई नहीं दे सकता। रूसी राजदूत ने

Venezuelans hope for free and fair elections, but the US may prioritize oil production in its 'historic' deal, raising questions about the interplay of oil and

A discrepancy has emerged between US claims about the number of ships passing through the Strait of Hormuz daily and actual ship-tracking data. While Trump stat

India's External Affairs Minister Jaishankar discussed with Ukrainian President Zelenskyy whether India will continue to purchase Russian oil amidst the ongoing

President Trump's plan to use Venezuelan oil to reduce gas prices faces uncertainties and may not provide immediate relief to American consumers.

The relationship between the US and Venezuela has historically been heavily influenced by oil, with a 1950 State Department memo explicitly stating that US poli

The US has rejected claims that it is stealing Venezuelan oil.

US Energy Secretary Chris Wright insists the US is not 'stealing Venezuelan oil,' clarifying that benefits from private company production go to Venezuela's gov

ONGC Videsh is in discussions with Venezuela's PDVSA to retrieve $500 million in dividends, which were previously stuck due to US sanctions. This development fo