A top Iranian general warned the United States on Thursday against “dangerous behavior” in the Persian Gulf, saying his forces would target U.S. naval ships that posed a threat to Continue Reading
Although the new OPEC+ agreement goes into effect on May 1, OPEC’s fourth-largest producer, Kuwait, has already started to reduce crude oil supply to international markets “sensing a responsibility responding Continue Reading
Yemen’s Houthi rebels demanded more concessions from Saudi Arabia, including lifting a five-year blockade, before they would resume United Nations-backed peace talks, raising the risk of a new flare-up of Continue Reading
Parts of India have recorded dramatic falls in mortality rates after a nationwide lockdown was imposed to fight the new coronavirus, suggesting there has not been an undetected surge in Continue Reading
On Tuesday, the Trump administration told the last remaining American oil companies in Venezuela that they had until December to wind down operations in the country. The Treasury Department’s Office Continue Reading
Mexico, the largest recipient of U.S. gasoline exports, is seeking to cancel imports of the fuel from at least one U.S. company amid the rippling effects of the coronavirus on Continue Reading
Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by a collapse in global prices and slumping Continue Reading
Coronavirus cases in China may have been four times higher than officially reported numbers, according to a study published in the Lancet medical journal. Infections would have been 232,000 in China as Continue Reading
Chinese officials have imposed new limits on movement in some northern parts of the country following a spate of new coronavirus infections, in a sign of how difficult it will Continue Reading
Malaysia’s push to explore energy blocks off its coast has turned into a five-nation face-off involving U.S. and Chinese warships, raising the risk of a direct confrontation as broader tensions Continue Reading
