Ukraine’s Security Service drones have struck the Lukoil-Permnefteorgsintez refinery for a second day, destroying four oil tanks and halting operations. The facility, over 1,500 km from Ukraine, is a ...

Even as Iran squeezes world energy supplies with its chokehold on the Strait of Hormuz, its own oil industry is increasingly ...

Administration officials say Tehran is days from crisis, but analysts see a slower squeeze with global price shocks already hitting U.S. consumers and reshaping the political fight.

Iran’s supreme leader said Thursday that the Islamic Republic will protect its “nuclear and missile capabilities” as a ...

Iran deployed a 30-year-old oil tanker for the first time in years to act as emergency floating storage as the U.S. blockade ...

The U.S. and Iran are locked in a standoff that will only break when one side decides it can no longer tolerate the pain. Who ...

Despite Trump’s warning that oil backing up inside Iran would cause pipelines to “explode from within,” analysts say Iran ...

Volunteers try to clean up oil pollution after Ukrainian strikes on a refinery in the Russian Black Sea town of Tuapse, a key ...

President Lee Jae Myung on Friday shared a news report that a South Korean oil tanker exited the Red Sea, marking the first shipment of crude oil to the nation since the blockade of the Strait of ...