Brent crude oil prices surge as much as 28% to $118.73 a barrel while WTI leaped 31%, as the Strait of Hormuz stays functionally closed amid the Iran war.

The oil-market's worst fears have been realised this week after Hormuz all-but closed to shipping because of the Iran war ...

Foreign staff were evacuated from Iraq's giant Rumaila oilfield, run by British energy major BP, after two unidentified ...

Qatar halted production of liquefied natural gas on Monday and Saudi Arabia shut its biggest domestic oil refinery after a ...

Saudi Arabia's biggest domestic oil refinery hit by Iranian drone strike - Oil and gas output across the Middle East has been ...

We deployed an AI agent and it spent an hour chatting with Clinton's parents. What that cost us, and how overnight model ...

Traffic through the Strait of Hormuz has ground to a virtual halt, unleashing the most severe energy crisis since the 1970s.

Saudi Arabia warns Iran of significant losses if attacks on Arab nations persist, following drone strikes on key oil ...

The shutdowns may extend to about two-thirds of Iraq’s total crude oil production in the coming days if the Strait of Hormuz ...

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After lots of saber-rattling in recent weeks, the U.S. and Israel launched military strikes against Iran over the weekend.