Tag: Strait of Hormuz

As U.S. prices for diesel fuel surge to all-time highs, some California pumps literally can’t price their diesel any higher—maxing ...

Earlier this year, fast-food executives began to use the term “two-tier economy” to describe the trend they were seeing of ...

Pockets of fuel shortages worldwide, continuing price spikes, and rising inflationary pressure are now more imminent amid the ongoing Iran ...

U.S. Energy Secretary Chris Wright raised eyebrows in energy markets Wednesday when he said more oil exports left the Middle ...

Less than 300 million barrels left: the engineering limits threatening the American Strategic Petroleum Reserve | FortuneDr. Siddharth Misra is ...

Concerns are growing that the de-facto tolling of the Strait of Hormuz could trigger a domino effect for key shipping ...

Iran’s hardline demand for a Strait of Hormuz fee system would generate close to $20 billion a year, but such ...

The price of oil continued to climb on Tuesday, reaching $90 a barrel for the first time in two weeks ...

Trapped on a commercial ship anchored four miles off Iran’s coast, about two dozen merchant seamen are entering their fourth ...

Thank you for subscribing to Fortune Gulf Brief and being part of our ever-growing community of readers. Given the significant news flow emerging from the Gulf at the ...

Chevron reported its largest quarterly net profit ever—$12.1 billion—on Friday as the Big Oil giants demonstrate how they’re reaping the ...

More than 30 years after joining Dow Inc. as an intern, Karen Carter became the CEO this year, taking the ...

Ships transporting energy products out of the Middle East face a heightened risk of attack in two critical waterways, further ...

Days after the Iranian-backed Houthi militia announced the blockade of a vital shipping passage through the Red Sea, dozens of ...

Threats from the Iran-backed Houthi militant group this week to block Saudi Arabia’s use of the Red Sea risk cutting ...

After a brief respite, the price of gas is back on the rise.On Monday, the average price at the pump ...

The average price of diesel in the United States rose above $5 a gallon on Thursday, up 33 percent since ...

The continued cycle of attacks between Iran and the United States in the Persian Gulf posed fresh risks to ships ...

Andrew here. Looking at the volatility in the oil market, I’m left wondering why the smart money failed to hedge ...

Oil prices remained elevated on Thursday, as U.S. and Iranian military forces traded a second round of strikes around the ...