The rise in premium is expected to impact importers of commodities and exporters from ports in Gujarat and Maharashtra.

Brent crude has jumped 9% in a week. Analysts fear it could hit $150/barrel if the conflict escalates Israeli strikes on Iran ...

Qatar has asked liquefied natural gas vessels to wait outside the Strait of Hormuz until they’re ready to load amid ...

By Maha El Dahan and Stine Jacobsen DUBAI/COPENHAGEN (Reuters) -Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz, where electronic interference has surged during conflict ...

AAA says the nation’s top 10 most expensive gasoline markets are California ($4.65), Hawaii ($4.46), Washington ($4.39), ...

No injuries were reported after a collision of two crude oil tankers sparked a fire near the Strait of Hormuz.

QatarEnergy has instructed tankers to remain outside the Strait of Hormuz and to enter the Gulf only the day before loading, ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

From a logistical standpoint, re-routing crude through Gwadar to China’s western region of Xinjiang cuts shipping distance by ...

Qatar, among the world's biggest liquefied natural gas exporters, sends almost all of its LNG through the strait. Iran has ...