Global shipping giant MSC announced Monday it was formally halting certain export shipments from the Gulf because of the Middle East war and that "all affected cargo will be discharged". "In light of ...

On a normal day, 20 percent of global oil supplies pass through the Strait of Hormuz, a narrow waterway opposite Iran’s southern coast. Over the past week, however, tanker traffic through the strait ...

In a tough job market, learning how to effectively use AI might give you a leg up. That upskilling is in focus today, along with Canada’s second chance in LNG. Energy: Oil markets surged again ...

Words are cheap, but the price of oil is brutally honest.

Canada’s merchandise trade deficit increased to $3.6-billion in January as exports of motor vehicles and parts fell to their ...

China has reported its exports rose nearly 22% in the first two months of the year, while trade with the United States contracted. Surging exports of computer chips and autos ...

Iran marked the appointment of Ayatollah Mojtaba Khamenei to replace his father as its new supreme leader with a barrage of ...

A record release of strategic oil reserves has been agreed in a bid to help offset supply disruption since the Middle East conflict began.

Ultimately, it is good for Venezuela that Maduro is gone. But his tenure should not have ended like this—and it didn’t have to. When Maduro brazenly stole his country’s 2024 elections, Brazilian ...

The organization said it will make 400 million barrels of oil available from its members’ emergency reserves in a bid to ...

President Donald Trump previously downplayed the importance of using reserve oil, but confirmed earlier Wednesday that his administration would "reduce it a little bit" and then fill it back up.

Meanwhile, explosions are heard in Iran's capital Tehran after Israel says it is launching another "wide-scale wave of strikes".