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 ...

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

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 ...

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

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

Global supply is expected to drop by 8 million barrels per day in March, the IEA said in its latest monthly oil market report, due to the blocking of the Strait of Hormuz, a narrow channel along the ...

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

It was, Anthropic declared, “the first documented case of a large-scale cyberattack executed without substantial human intervention.” This assault on U.S. infrastructure was innovative in its use of ...

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

IntroductionThreat actors often take advantage of major global events to fuel interest in their malicious activities. Zscaler ThreatLabz is diligently tracking a surge in cybercriminal activity that ...

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.