In midday European trade, Brent crude soared 8.8% to $75.47 a barrel, while the U.S. oil gauge West Texas Intermediate gained 9.2% to $74.25 a barrel. Prices surged as much as 13% overnight. The ...

Around one-third of global oil, 20% of LNG trade pass through Strait of Hormuz, making its potential closure due to possible ...

CAIRO (Reuters) -Egyptian fertilizer companies halted operations on Friday due to a drop in gas imports from Israel, industry sources told Reuters. They said the gas import decline was caused by the ...

The natural gas market continues to see a lot of overhang as far as resistance is concerned, and at this point in time, it is likely that we are going to continue to see a lot of selling on exhaustion ...

Similarly, for Sui Southern Gas, the price has been lowered by slightly less than one cent. The new price for June is $10.85 per mmBtu, down from $10.86 per mmBtu set for May.

Iran-Israel conflict may disrupt oil trade, impacting global prices, with potential for short-term volatility and long-term ...

Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July Trafigura, Vitol, Shell, Saudi Aramco, and others involved in the agreements Imports aim to ease grid pressure amid ...

The company said it will focus on other gas export sites in the state, including an expansion project in Plaquemines Parish.

In the wake of the escalating conflict between Israel and Iran, global oil prices surged more than 10%, sparking concerns over energy security and economic stability in import-dependent nations like ...

President Trump is targeting special foreign-made vessels called ro-ros, which transport vehicles, but the fees could raise ...

An all-out war between Israel and Iran would pose a serious threat to eastern Mediterranean natural-gas fields - and risk spilling into Europe's liquefied natural gas supply. Tariff inflation has been ...

All eyes are on oil markets and the key Strait of Hormuz, the markets’ crossroads, but an all-out war between Israel and Iran would pose a serious threat to eastern Mediterranean natural-gas fields — ...