For several decades, there has been one reliable growth engine for oil demand in the world: China. China’s massive growth in oil demand in the early 2...
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Saudi Arabia condemns attack on UAE tankers in Hormuz Saudi Arabia's foreign ministry has strongly condemned an attack on two tankers belonging to the UAE’s oil giant ADNOC while transiting the…
WASHINGTON – As Saudi Arabia gears up to head off any attempt by Yemen’s Houthi rebels to close the Bab al-Mandeb Strait through further attacks on commercial shipping, the Trump administration…
Oil tanker loading resumes at Iran’s Kharg Island, TankerTrackers says For the first time since late July, an Iranian tanker was seen loading crude at the Kharg Island on Friday, according to…
Oil climbs over $1 a barrel as expert warns of ‘day of reckoning’ Crude oil futures climbed over $1 a barrel on tanker attacks and a lack of progress on a peace agreement between the US and Iran.…
Hormuz traffic rises from nine to 13 crossings, Kpler says Maritime traffic through the Strait of Hormuz increased on 13 August, with 13 confirmed vessel crossings, up 44 percent from nine crossings…
Two tankers were attacked in the Strait of Hormuz overnight Thursday, according to UKMTO and UAE state oil company Adnoc. It was the latest round of s...
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