South Korea Receives Crucial Oil Shipment Amid Hormuz Tensions
A Malta-flagged tanker delivered 1 million barrels of crude oil to South Korea, a shipment representing 35-50% of daily consumption, highlighting reliance...
A Malta-flagged tanker delivered 1 million barrels of crude oil to South Korea, a shipment representing 35-50% of daily consumption, highlighting reliance...
Oil prices surged Friday, extending weekly gains, as US-Iran peace negotiations showed little progress and tensions escalated in the Middle East, impacting...
Treasury Secretary Scott Bessent confirms the U.S. will not renew waivers for Russian oil at sea or Iranian oil, citing a blockade...
Gold prices recorded a 3% weekly decline, with spot gold falling to $4,685.70 an ounce, as stalled U.S.-Iran peace talks and the...
Middle East oil producers will need months to restore output post-war, signaling extended market tightness, according to CERA research from S&P Global...
Iran has proposed allowing ships to exit the Omani side of the Strait of Hormuz free of attack, contingent on a deal...
U.S. drivers face the highest pump prices since 2022, with the national average topping $4 a gallon. Experts confirm these costs are...