US president says the oil infrastructure was not targeted on Kharg Island, which accounts for 90% of Iranian oil exports ...

The U.S. has turned down repeated requests for tanker escorts from oil companies, said officials from Gulf countries. Defense officials say it is too risky to send warships into the confined waters of ...

Missiles are currently the largest threat to merchant shipping in the Strait of Hormuz and Persian Gulf instead of sea mines, defense officials told reporters Friday. Iran has used surface-to-surface ...

Teekay Tankers Ltd. provides marine transport and logistics for global energy markets, specializing in crude oil and refined products.

The U.S. said it had destroyed 16 Iranian mine-laying ships amid fears Tehran could deploy hundreds of mines to effectively ...

The move will provide a huge financial boost to Russia as the price of crude oil tops $100 a barrel for the first time since 2022.

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Reality is starting to set in for the world's oil traders. Oil futures have again topped $100 a barrel -- the latest surge ...

Six US crew members aboard a refueling plan were killed when it crashed in Iraq. Fighting continues across the Middle East. Follow for live updates.

A U.S. military refueling aircraft crashed in western Iraq on Thursday, in an incident U.S. Central Command said involved ...

U.S. officials have floated the idea of escorting oil tankers through the Strait of Hormuz. Experts say it wouldn’t be feasible now.

With attacks and threats, Tehran is using the world’s most important transit point for oil and gas as leverage against its enemies.