* Strait of Hormuz closure hits 20% of global oil, LNG supply * World facing rising prices, prospect of reduced consumption * Impacts could threaten g...
read moreThe Trump administration waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday in its latest attempt to ease oil prices that ha...
read moreIranian gas supplies to Iraq have resumed at a rate of five million cubic metres per day, the Iraqi electricity ministry said on Saturday, according t...
read moreThe EU has urged member states to lower natural-gas storage targets and start refilling reserves gradually to curb demand, as energy prices spike duri...
read moreIran is ready to let Japanese-related vessels pass through the Strait of Hormuz, a vital artery for global oil supplies, Kyodo news reported, citing I...
read moreThe U.S. Energy Department said it had awarded contracts to loan 45.2 million barrels of crude oil from the Strategic Petroleum Reserve as of Friday. ...
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