According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...
Russia maintains two key military bases in Syria, including an air base in Hmeimim and a naval base in Tartous.
The Iranian military has the capability to blockade the Strait of Hormuz if necessary, says Iran's naval commander.
Global oil supply growth is outstripping demand, the CEO of one of the world's largest oil traders,Gunvor, said on Monday.