The escalating U.S.–Israeli war with Iran and Tehran’s retaliation against Gulf neighbours have severely disrupted Middle ...

South Korean authorities said on Friday that Iranian attacks ‌on Qatar's energy facilities raise uncertainty, but downplayed ...

S. Korea's four major oil refiners are ramping up production and delaying maintenance to stabilize domestic fuel supply amid rising global energy risk ...

The South Korean government has implemented temporary price caps on petroleum products supplied by oil refineries to gas stations and distributors, effective Friday midnight, according to a news ...

DUBAI, United Arab Emirates (AP) — The Iran war exploded further late Saturday as pillars of flame rose above an oil storage facility in Tehran and Israeli Prime Minister Benjamin Netanyahu promised ...

The United Arab Emirates and Kuwait started reducing oil production, as the near-closure of the crucial Strait of Hormuz ripples through energy markets and affects global supply. Abu Dhabi National ...

Kuwait said it is cutting oil production due to "Iranian threats against safe passage of ships through the Strait of Hormuz." Kuwait is the fifth-largest oil producer in OPEC. It produced ...

Airstrikes have targeted the Tondgouyan oil refinery near Tehran, one of Iran’s largest energy facilities located south of the capital, dealing a severe blow to the country’s infrastructure. The ...

Kuwait, one of the world's largest oil producers, has reduced crude oil production and refining as the ongoing conflict in the Middle East causes ripple effects across the region, including a ...

BANGKOK — Shares opened sharply higher in Asia on Thursday after a rebound on Wall Street, as South Korea’s Kospi took back much of its historic losses from a day earlier. However, U.S. futures fell ...

A major oil refinery in Bahrain was attacked with an Iranian ballistic missile as the conflict in the Middle East intensifies. Large orange bursts of fire could be seen burning in the sky in a ...

South Korea's Kospi plunged over 12% Wednesday. The South Korean market had been on a tear last year, soaring more than 75%, and extending gains into the new year as well. In this article South ...