It sounds utterly reckless, almost suicidal for global stability: blocking the Strait of Hormuz would deal a devastating blow ...

The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil passing through it annually.

Global oil markets are poised for a larger surplus than previously expected this year, with supply set to grow more than ...

Domestically, the SBP underscored persistent structural weaknesses limiting growth potential. Drawing on its Half Yearly ...

Iran's Islamic Revolutionary Guard Corps has seized a foreign oil tanker in the Gulf of Oman, citing fuel smuggling, following recent geopolitical tensions and US strikes on Iranian nuclear ...

China has taken a firm stance against U.S. demands that it stop buying oil from Russia and Iran or face a possible 100% ...

"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...

Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world’s most important crude ...

Iraq and Syria on Tuesday discussed ways to boost bilateral energy co-operation, including the revival of the long-defunct ...

Mohammed Al-Bashir is scheduled to meet with officials in Baghdad to discuss rehabilitating the 850-kilometer pipeline connecting Iraq’s Kirkuk province with the Syrian port of Baniyas. Al-Bashir, ...