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The biggest oil supply shock in history has reached the one-month mark. Prices have surged, growth forecasts are being cut worldwide, and shortages are emerging across Asia, from Thailand to Pakistan.

(Bloomberg) -- US oil cargoes transiting the Panama Canal are close to a four-year high as Asian refiners rush to import American crude in lieu of Mideast supplies strangled by the weeks-long ...

The oil jetties at Iran’s Kharg Island were once again empty on Tuesday, curbing the nation’s ability to export crude, satellite images collected by Bloomberg show.

India has asked ​the U.S. ‌to extend its ​waiver on ​Russian oil, Bloomberg ⁠News ​reported on Thursday, ​citing people ...

Kuwait has declared force majeure on ​shipments of crude oil ‌and refined products after a blockade of the ​Strait of Hormuz ​prevented some vessels from entering ⁠the Persian Gulf, ​hindering its ...