A prominent adviser to Ayatollah Ali Khamenei, Iran’s supreme leader, has already called for the closure of the Strait. A ...

Despite fears of rising prices due to tensions, oil prices fell after recent Iranian missile strikes, demonstrating a shift ...

President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain ...

Brent oil for September delivery fell $2.65 a barrel to $68.65 level. It tanked 8.53 per cent in the preceding session, ...

The Strait of Hormuz, one of the world's most critical oil-shipping chokepoints, is again at the center of rising tensions after Iran's parliament voted on Sunday to authorize its potential closure ...

“When the response comes and it is muted, oil drops,” said Tom Kloza, chief market strategist at consultancy Turner Mason & ...

Crude oil prices continued their downward trajectory after US President Donald Trump announced a tentative ceasefire ...

Asia is "particularly vulnerable "because more than 80 percent of its oil and gas imports pass through the Strait of Hormuz, ...

A new Department of Homeland Security bulletin warns of a "heightened threat environment" in the U.S. due to the ongoing ...

US President Donald Trump declared a temporary ceasefire between Israel and Iran, after the latter targeted the US airbase in ...

SYDNEY: Global shares rallied and the dollar extended declines on Tuesday after U.S. President Donald Trump said Iran and ...