About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...

Hostilities between Iran and Israel have raised fears that shipping and crude flows through the narrow waterway may now slow ...

Two very large crude carriers collided in waters off the United Arab Emirates near the Strait of Hormuz and caught fire early Tuesday, rattling global oil and shipping markets, but oil continues to ...

Azerbaijan’s industrial production reached 26 billion manat in January-May 2025, decreasing by 1.6 percent compared to last ...

Azerbaijan’s foreign trade turnover hit $16.42 billion in January-April 2025, with exports at $8.29 billion and imports at $8 ...