Uncertainty Persists Over Whether the Worst Is Over for Oil Prices
Relief is finally reaching consumers as oil prices retreat following a fragile peace agreement in the Middle East. Yet the fallout from…
Relief is finally reaching consumers as oil prices retreat following a fragile peace agreement in the Middle East. Yet the fallout from…
The war’s reach stretched deep into Russian territory again as Ukrainian drones struck an oil depot in the south and a pumping…
Wednesday May 13, 2026 The UAE has strongly denounced the hijacking of an oil tanker off the Yemeni coast, a vessel carrying…
Hussien ElkabanyTuesday May 12, 2026 Egypt said Monday that an oil tanker carrying eight Egyptian sailors was seized off Yemen’s coast and…
Oil prices pulled back on Tuesday as traders weighed signs that shipping could resume through the Strait of Hormuz, even as fresh…
By Pranav Baskar and Matthew Mpoke BiggMonday May 4, 2026 A brazen seizure off Yemen has renewed fears that Somali pirates are…
Mohamed GabobeSunday May 3, 2026 Gulf of Aden (file photo) An oil tanker has been seized by Somali pirates off Yemen’s coast,…
An oil tanker was hijacked by unidentified assailants off Yemen’s coast in the Gulf of Aden and forced toward Somalia, according to…
By Daniel Tari and News AgenciesSaturday May 2, 2026 Pirates appear to be exploiting a widening security gap in the region, with…
ADEN, Yemen — An oil tanker has been seized by armed men off Yemen’s southern coast and diverted toward Somali waters, Yemeni…
Oil prices pulled back after a dramatic surge to a four-year peak above $126 a barrel today, as traders weighed the risk…