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Scale of exports this time highlights the strain on global crude markets after the near closure of the Strait of Hormuz. Read more at straitstimes.com. Read more at straitstimes.com.
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Oil prices have retreated from recent highs as markets price in hopes of partial Hormuz reopening, while record U.S. crude…

SINGAPORE: Oil prices fell on Friday as leading European nations and Japan offered to join efforts to secure safe passage for…

A rare U.S. strategic oil shipment to the Philippines underscores how the Hormuz crisis is forcing Asia to seek crude supplies…

A surge of US crude oil is arriving in Asia, but the record volumes are nowhere near enough to offset the loss of cargoes from…

Traders said the move bring Asian fuel prices down from recent highs, even as they remain above pre-war level. Read more at…

Asia, which felt the supply shock first and the most as early as in March, could now see a wave of much-delayed crude supply that…