Daily charter rates for oil supertankers have quadrupled within a week to nearly US$800,000 Read more at The Business Times.

[LONDON] Formula 1’s Bahrain and Saudi Arabian Grands Prix will not take place in April due to the conflict in the Middle East, the sport announced on Saturday (Mar 14).

NEW YORK] The US Commerce Department withdrew a planned rule on artificial intelligence (AI) chip exports on Friday (Mar 13), ...

NEW YORK] Anthony Sandford knew it was time to jump back into the energy sector when US war planes first cast shadows over ...

BENGALURU] European shares extended their declines on Friday (Mar 13) and marked their second consecutive weekly loss, as the ...

RISING oil prices triggered by the ongoing war in the Middle East could quickly drive up operating costs within South-east ...

SINGAPORE] The first major attack on an island that exports the bulk of Iran’s oil threatens the lifeblood of the Islamic ...

TOKYO] GE Vernova and Hitachi agreed to explore opportunities to deploy small modular nuclear reactors in South-east Asia.

A late-winter chill hung over Hong Kong on the afternoon of Mar 11, but in the city’s financial circles the mood was turning ...

CAPE TOWN] Iran’s oil exports hinge on a small outpost in the Persian Gulf: Kharg Island, the loading point for almost all of the country’s crude shipments. Read more at The Business Times.

WASHINGTON] The Trump administration started the process of a mammoth drawdown of the US emergency oil reserve, issuing a request to exchange 86 million barrels of crude oil. Read more at The Business ...

NEW YORK] Brent crude settled above US$100 a barrel for the second straight session, ending the day at the highest level in ...