Diesel prices dipped after President Trump announced an energy ceasefire between Russia and Ukraine. Zelensky says Kyiv will honor it if Moscow does, but...
Iran’s top security official, Mohsen Rezaei, called Washington’s response to Tehran’s seven conditions for reopening the Strait of Hormuz insufficient, while acknowledging the US...
Tanker captains are reportedly being offered nearly seven times their usual monthly pay, plus bonuses for each passage, to sail through the Strait of...
President Trump says the US won’t strike Iran before the midterms, insisting Iran is in very bad condition economically and militarily. But with tanker...
Persian Gulf oil exports have bounced back to near prewar levels, but fuel prices aren’t following them down. Supertanker rates and insurance premiums have...