The Iraqi cabinet approved a deal on Tuesday between the Ministry of Oil and Syria to export oil through the ports of Baniyas ...

The U.S.-Israeli war with Iran has disrupted shipping through the Strait of Hormuz, with only three vessels passing the waterway in one 24 hour, shipping data showed. The Strait is considered the ...

South Korea is sending a senior government official to Oman, Kazakhstan, and Saudi Arabia in a bid to secure crude oil supply that does not need to pass through the Strait of Hormuz, Reuters has ...

Aside from short-term fixes, several countries in the region are reviving old projects to overcome the Hormuz blockade ...

Tony Daltorio has 30+ years of experience in investments, 18+ years as a broker and supervisor with Charles Schwab, and 9+ years in financial writing. Somer G. Anderson is CPA, doctor of accounting, ...

Middle Eastern oil exporters are scrambling to explore alternative routes to get their oil and gas exports out of the region. The closure of the Strait of Hormuz has triggered a huge energy supply ...

The ongoing geopolitical turmoil has affected supplies from several key oil-producing regions that traditionally cater to ...

SEOUL--South Korea has secured 273 million ⁠barrels of crude oil from the Middle East and Kazakhstan through the end of the year, with supplies routed outside ⁠the Strait of Hormuz, presidential chief ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...