Chinese refineries have become hooked on cheap imports of sanctioned Iranian crude.

Tanker rates for vessels carrying refined oil products from the Middle East have surged in recent days, as the exchange of fire between Israel and Iran makes hauling fuel through the Strait of Hormuz ...

Oman and Qatar were leading efforts to begin ceasefire talks, while mediators said Iran was open to resuming nuclear ...

The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude ...

Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...

In case the Israel-Iran conflict targets oil facilities, the global economy could suffer deeply. India, which imports 85% of its oil, would be vulnerable to supply shocks ...