LONDON, March 31 (Reuters) - OPEC oil output plunged in March to its lowest level since the height of the COVID-19 pandemic in ⁠June 2020, a Reuters survey found, as the U.S.-Israeli war against Iran ...

Kharg Island is the loading point for around 90 per cent of Iran’s crude shipments. Read more at straitstimes.com. Read more ...

Rappler looks back at the massive oil crises of the 1970s to examine what triggered them and what sweeping measures the older ...

AS the global energy crisis deepens, its geopolitical contours are becoming sharper. The Strait of Hormuz faces escalating disruption risks, while the Bab el-Mandeb corridor remains under pressure ...

Markets are discounting stagflation risk due to the supply shock potential, drawing parallels to the 1973 OPEC oil embargo.

Trump said US forces could seize Iran’s oil export hub at Kharg Island as the war enters its second month.

No single country controls oil prices. Here's how global markets, benchmarks and events shape what you pay.

Crude oil markets are holding firm in a geopolitically driven but macro-sensitive environment, Naeem Aslam, CIO at Zaye Capital Markets, said.

Oil prices are rising, but we are nowhere near the same levels as 1973.

On October 6 1973, the Yom Kippur War – mainly involving Egypt, Syria and Israel –triggered one of the biggest energy crises ...

Stay connected via Google News Recently, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) signed a three-year Petroleum ...

Iran has the world’s second-largest gas reserves and third-largest crude oil reserves, according to various estimates - ...