Bloomberg

The Houthi attacks on Saudi Arabia are demonstrating the limits of the kingdom’s military prowess — despite defense spending that far outstrips that of its

Accelerating crude exports through the Strait of Hormuz aren’t translating into higher production of a dirty shipping fuel, according to a top Vitol Group

Shipowners are facing an increasingly fragmented fuel market as disruptions triggered by the Middle East conflict raise concerns about the availability and

Shipowners are facing an increasingly fragmented fuel market as disruptions triggered by the Middle East conflict raise concerns about the availability and

Six months into a war that sowed upheaval in the Persian Gulf, Qatar found itself stuck. By late August, even limited shipments from the gas

President Donald Trump said Taiwan had agreed to buy 30% of the liquefied natural gas from a planned project in Alaska for 20 years, even as Taipei indicated

A growing number of empty supertankers have been turning away from the Persian Gulf as escalating Iranian attacks threaten a critical transfer hub for wartime

President Donald Trump’s deal for Russian diesel exposed the US to legal questions, opened a rift with his Republican allies and European leaders and

Bulgaria summoned Russia’s ambassador to Sofia after two ships were hit off the country’s coast, as concerns mount over the security of Black Sea

This weekend’s deadly attacks on Riyadh’s main airport have demonstrated the ability of Yemen’s Houthis to strike at the heart of Saudi power, raising

Saudi Arabia is looking at ways to expand its oil pipeline capacity to destinations outside the Persian Gulf to 10 million barrels a day within two to three

By Catherine Lucey and María Paula Mijares Torres Oct 11, 2026 (Bloomberg) –President Donald Trump said Sunday that Russia and Ukraine had agreed

By Patrick Van Oosterom Oct 9, 2026 (Bloomberg) –The Dutch government proposed a legal change to crack down more effectively on Russia’s shadow

By Lucia Kassai Oct 9, 2026 (Bloomberg) –When hurricanes sweep through the Gulf of Mexico, oil companies can lose millions of dollars waiting for

Nearly 500,000 barrels a day of oil-refining capacity sit in the projected path of Hurricane Isaias, raising the risk that a US fuel market with no supplies to

For a sign of just how extraordinary oil shipping costs have become, consider this: It’s now more expensive to hire a tanker from the US to China than to

The Houthis struck two airports in Saudi Arabia in the past two days, killing three people and injuring dozens as the Iran-backed militant group intensifies

(Bloomberg) — Saudi Arabia is in talks with customers to offer oil loadings next year outside the Strait of Hormuz in long-term contracts, formalizing a

(Bloomberg) — Supertankers are racing to the Middle East to cash in on soaring fees for carrying oil through the Strait of Hormuz, exacerbating a global

Indian refiners have cut back Russian crude purchases for November delivery, as rising competition from China pushes up prices at a time when buyers can tap