The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

US and Brent crude prices jumped on fears of supply disruption from the Middle East as Iran has repeatedly threatened to ...

Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

Petrol and Diesel Prices on June 14, 2025: Oil marketing companies (OMCs) revise petrol and diesel prices daily at 6 AM, ...

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Nigeria’s export trade saw a notable boost in Q1 2025, reaching N20.598 trillion, a 2.92% increase from N20.01 trillion ...

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Oil prices are leaping, and stocks are falling Friday on worries that Israel’s attack on Iranian nuclear and military targets ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

Oil production in Nigeria decreased to 1,452,941 barrels of oil per day (bpd) in May 2025. This is according to ...

Iran has threatened to block the Strait of Hormuz on several occasions over the years, including in January 2012 in ...