Oil prices rise for a fifth day after Yemen's Houthis say they struck Saudi Arabian oil tankers in the Red Sea.
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The Houthis are claiming attacks on two tankers in the Red Sea, furthering their threat to impose by force a blockade on Saudi ships or ships using Sa...
President Donald Trump on Thursday threatened direct military retaliation against Iran after Yemen’s Houthi movement resumed attacks on commercial shipping, targeting two Saudi oil tankers in the Red…
Qatar condemns Houthi attack on Saudi vessel The Qatari foreign ministry has released a statement denouncing the Houthi attack on a Saudi Arabian vessel in the Red Sea. "Qatar strongly condemns the…
US Secretary of State Marco Rubio said on Thursday that Saudi Arabia is an important partner to the US and that it made sense to enter into a nuclear agreement with the Kingdom. “Suffice it to say…
Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil are exiting the Red Sea via the Bab el-Mandeb strait on Thursday, shipping data showed, even as a Saudi vessel came…
The world’s largest exporter of crude oil stands to benefit from diversifying its energy sources — and freeing up more oil to sell.
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