Europe's diesel market underwent a fundamental shift after the European Union and Britain banned Russian oil imports into the region in the wake of Moscow's invasion of Ukraine in February 2022. The ...

Israel continues to occupy parts of southern Lebanon and to carry out near-daily airstrikes. It had normalised relations with Israel a long time ago, but at the same time it has improved its ...

"Our economy is unproductive, import-dependent, and almost entirely externally controlled," said Samir Abu Mudallala, ...

TradeWinds depends on being able to display ads on our services in order to finance our journalism. Oil major’s CEO says ...

The scramble to reassess shipping insurance costs reflects the deteriorating security environment in the Middle East.

The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.

Iran is OPEC's third-largest producer, extracting about 3.3 million barrels per day (bpd) of crude oil. But more crucially, about 19 million bpd of oil and oil products move through the key Strait of ...

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

Gas prices across the region have spiked in the past few days, and they could rise 30 cents more before July Fourth.

U.S. gas prices are likely to climb higher, starting this week, as the conflict between Israel and Iran intensifies.

While Israel and Iran have engaged in a covert conflict for many years, the current situation marks a pivotal escalation, particularly as energy infrastructure has now come ...

The U.S. Embassy in Israel is working to evacuate American citizens trying to leave Israel amid its war with Iran.