Lucia Kassai Bloomberg

High ocean waves stemming from a massive volcanic eruption near Tonga caused an oil spill off the coast of Peru, closing beaches and halting fishing after the country's Navy failed to issue a tsunami warning.

The best chance for freeing a massive container ship that's blocking the Suez Canal may not come until Sunday or Monday, when the tide will reach a peak.

The U.S. policy of stopping Iran from exporting oil suffered a setback after a United Arab Emirates sheikh laid claim to a cargo that Washington seized and alleged is from the Islamic Republic.

India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation.

High ocean waves stemming from a massive volcanic eruption near Tonga caused an oil spill off the coast of Peru, closing beaches and halting fishing after the country's Navy failed to issue a tsunami warning.

The best chance for freeing a massive container ship that's blocking the Suez Canal may not come until Sunday or Monday, when the tide will reach a peak.

The U.S. policy of stopping Iran from exporting oil suffered a setback after a United Arab Emirates sheikh laid claim to a cargo that Washington seized and alleged is from the Islamic Republic.

India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation.