Kharg Island is a tiny outpost in the Persian Gulf, but it handles around 95% of Iran’s oil exports, making it the country’s financial jugular vein. The island can load multiple supertankers at once ...

This week, over 50 countries are joining forces to move the needle on what is proving to be one of the world’s most urgent needs: to overcome dependence on fossil fuels. As decision-makers gather in ...

Kharg Island, which processes around 90% of Iran's energy exports, has roughly 13 million barrels of spare onshore storage remaining at current inflow rates of 1.0-1.1 million bpd -- putting ...

Iran is scrambling to get a massive crude carrier to Kharg Island, in a sign that President Trump’s blockade is bringing the regime’s oil-critical hub — which controls roughly 90% of Iranian crude oil ...

The seizure of the MT Tifani has put a spotlight on this shady patch of waters off Malaysia.

Sanctioned tankers disguised as Iraqi vessels are moving hundreds of millions of dollars in Iranian crude as President Donald Trump doubled down on the port blockade to squeeze Tehran’s oil lifeline, ...

The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming. The ...

The oil market, like nature, abhors a vacuum. It’s got one anyway, and a big one at that. Roughly 15 million barrels a day of oil supply, 15% of global demand, are bottled up in the Strait of Hormuz.

Brent crude has surged more than 55% since the Iran war began, hitting nearly $120 a barrel at its peak, amid fears of disrupted oil flows through the Strait of Hormuz. March marked one of the largest ...

Add Yahoo as a preferred source to see more of our stories on Google. Researchers working in Turkey say fresh scan data uncovered what appear to be tunnels inside a long-debated landform, bolstering ...

The group of oil-producing countries supplied more than 25 percent of the world’s oil before the war in Iran. Its members have influenced energy markets through the years. By Emmett Lindner The OPEC ...