TheStreet. Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 ...

Hormuz closure fears drive oil outlook higher as tanker rates surge, slashing Gulf supply routes and fueling global crude ...

Israeli fighter jets hammered Iranian nuclear facilities early Friday morning, sending crude prices rocketing 13% in the biggest single-day surge since 2020. Operation Rising Lion targeted nuclear ...

It seems as though China’s imports of sanctioned oil are rebounding amid trade ... February-loading Kazakhstan CPC Blend and UAE Murban crude, with the combined volume set to fully offset ...

The acquisition is expected to strengthen GULFNAV’s market position and boost its operational efficiency and competitive edge ...

“In 2024, crude ... other oil positions cleared at ICE. Offsets are available across a range of over 800 oil contracts including ICE Brent, ICE Gasoil, ICE WTI (Cushing), ICE Dubai (Platts ...

WASHINGTON (Reuters) - The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal ... The Treasury Department also ...