International oil majors Chevron and Shell are closing in on the first big oil production deals with Venezuela since the U. capture of President Nicolas Maduro in January, five sources close to the ...

Iran has blocked ships from entering the Strait of Hormuz amid U.S. military strikes. President Donald Trump said they should go through anyway.

Oil prices dipped on Monday after President Trump signaled that the conflict in Iran could come to a close soon. Trump, on Monday, told CBS News that the war in Iran was “very complete, pretty much.” ...

Wall Street is adjusting to a historic spike and fall in oil prices after the global economy was thrown into disarray.

Oil and gas are not just fuel. They are raw materials for thousands of products, including fertilisers used in farming.

The United States delivered the "most intense day of strikes inside Iran" on Tuesday, Pentagon chief Pete Hegseth said, as Iran's Revolutionary Guards said they would block oil shipments from the ...

Trump threatened Iran with a major military strike if the country disrupts oil and cargo shipping by laying mine in the Strait of Hormuz, as CNN reported The post Trump Threatens Iran With ‘Never Seen ...

Follow live NBC News coverage and latest updates as the Iran war hits oil prices, Iran vows to block the Strait of Hormuz and Israel strikes Tehran and Lebanon.

Two international oil majors are closing in on the first big oil production deals in Venezuela since the U.S. capture of Maduro in January.

Russia's shadow fleet conducts $29.3 million oil transfer amid Middle East conflict escalation, according to maritime intelligence firm Windward.

Iran has begun laying mines in the Strait of Hormuz, the world’s most important energy chokepoint that carries about one-fifth of all crude oil, according to two people familiar with US intelligence ...

Iran vowed on Tuesday that not one litre of oil would be exported from the Gulf while the United States and Israel continue their bombardment, as the United Arab Emirates closed its biggest oil ...