Iran can block oil being shipped through the all-important Strait of Hormuz, which analysts feared could send crude prices ...

The top 10 crude oil producing countries generate 100 million barrels daily. Each barrel holds 159 litres of oil, ...

Asian markets faltered on Monday after US airstrikes on Iran’s nuclear sites reignited geopolitical tensions, driving Brent ...

Iran and Israel traded air and missile strikes as the world braced on Monday for Tehran’s response to the US attack on its ...

Iran's parliament was reported to have backed a move to close the strait late on Sunday, threatening around a fifth of all ...

Iran’s ability to choke off the Strait of Hormuz, the crucial waterway connecting the Persian Gulf with the Gulf of Oman and the Arabian Sea, is a key question for investors. But it isn’t the only ...

Iran’s parliament has approved a measure to close the Strait of Hormuz, a vital global trade route, where more than a fifth ...

Iranian lawmakers approved a decision to close the vital oil shipping route after the U.S. strikes on its nuclear facilities ...

NEW YORK -- The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear ...

US asks China to stop Iran from ‘terrible mistake’ of closing Strait of Hormuz - The Iranian parliament approved a measure to ...

Global markets appeared to take the U.S. strike against nuclear targets in Iran in stride as investors watched Monday to see how Iran will react.