has in the past threatened to close the Strait of Hormuz for traffic in retaliation for Western pressure. Experts have said that any closure of the strait could restrict trade and impact global oil ...

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Iran conflict, focusing on any signs that Iran may seek to disrupt crude flows across the Strait of Hormuz The oil market ...

Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.

Business entities using the Mombasa port are holding onto hope that the Israel-Iran war will not escalate into a damaging ...

Oil prices climbed in early Wednesday trading, extending gains from the previous session as geopolitical tensions between ...

Iran, OPEC’s third-largest producer, pumps around 3.3 million barrels per day (bpd). While prolonged conflict could curb its ...

Mike Lee is pushing back against criticism from fellow conservatives over a piece of the GOP’s megabill that would sell off ...

Crude oil prices remain elevated even after pulling back from the 5-month high hit on Friday. Explore the top targets to ...

As the conflict between Israel and Iran escalates, investment strategists have been catastrophizing about how markets might ...

In 2024, an average of 20 million barrels of oil per day, or about 20% of global petroleum liquids consumption, flowed through the Strait of Hormuz, a crucial oil chokepoint located between Oman and ...

Two giant ocean-going tankers collided and caught fire near the Strait of Hormuz energy chokepoint, rattling global oil and shipping markets that have been on high alert since Israel attacked Iran.