Reuters

Ukraine and its European allies hit out on Friday at a U.S. temporary waiver to allow countries to buy sanctioned Russian oil and petroleum products stranded

Italian authorities are weighing how to deal with a Russian liquefied natural gas tanker left adrift in the Mediterranean after what Moscow described as

Iran will avenge the blood of its martyrs, keep the Strait of Hormuz closed and attack U.S. bases, new Supreme Leader Mojtaba Khamenei said on Thursday in a

Iran will allow Indian-flagged tankers to transit the Strait of Hormuz, a conduit for 40% of the South Asian nation's crude imports, an Indian government

Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., Israel and Iran, according to

Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a

The International Energy Agency (IEA) on Wednesday recommended the release of 400 million barrels of oil, the largest such move in its history, to try to

The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on

Qatar wants to strengthen its defense partnership with the United States in the wake of Iranian air strikes on Qatari territory, the foreign ministry

U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at

Oil prices surged to more than $119 a barrel on Monday, hitting levels not seen since mid-2022, as some major producers cut supplies and fears of

France is deploying about a dozen naval vessels, including its aircraft carrier strike group, to the Mediterranean, Red Sea and potentially the Strait of

By Katharine Jackson and Curtis Williams WASHINGTON, March 8 (Reuters) – Trump administration officials on Sunday defended a decision to temporarily

TOKYO, March 8 (Reuters) – A senior Japanese parliament member said on Sunday that the government instructed a national oil reserve storage site to

By Humeyra Pamuk WASHINGTON, March 6 (Reuters) – The United States is pressing Sri Lanka’s government not to repatriate the survivors from the

March 7 (Reuters) – Kuwait has implemented a precautionary reduction in crude oil production and refining throughput after the ongoing attacks by Iran

NEW DELHI, March 6 (Reuters) – India has allowed an Iranian warship to dock as a humanitarian gesture, Foreign Minister Subrahmanyam Jaishankar

March 7(Reuters) – A spokesperson for Iran’s Revolutionary Guards challenged U.S. President Donald Trump to deploy U.S. naval vessels to

Russia is providing Iran with targeting information that includes locations of U.S. warships and aircraft in the Middle East, the Washington Post reported on

As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging -- in some cases by more than 1000% -- dramatically driving up