Middle East crude exports recently climbed to their highest levels since the start of the Iran war as more Gulf producers resume transit through the Strait of Hormuz – despite the continued threat of Iranian attacks. Yet oil prices remain stubbornly elevated, suggesting logistical problems are proving as disruptive as outright supply losses.

Saudi-backed Yemeni government forces have secured effective control of the Bab el-Mandeb Strait, Yemen's Information Minister Moammar al-Eryani told Reuters on Monday, though fighting continues with Houthi forces in the area.

The security situation in the Strait of Hormuz deteriorated further over the weekend as UK Maritime Trade Operations reported several additional tanker attacks and a separate incident in which Iran’s...

PHUKET, Thailand, Oct 4 (Reuters) – The US aircraft carrier George H.W. Bush arrived in Thailand’s resort island of Phuket on Sunday with about 4,800 personnel aboard for a rest-and-recreation break after...

By Florence Tan SINGAPORE, Oct 5 (Reuters) – Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed...

By Yomna Ehab and Siyi Liu Oct 5 (Reuters) – Saudi Arabia has unexpectedly cut November crude oil prices for Asia while it raised those for northwest Europe and the...