As Iran-Israel tensions rise, the strategic Strait of Hormuz faces potential closure. With 20% of global oil trade passing ...

Iran and Israel both launched airstrikes on each other on Thursday (June 19) as the conflict enters into its seventh day.

A collision between two oil tankers just east of the world’s most critical oil choke point, the Strait of Hormuz, could bring about a potential environmental disaster, Gr ...

By Alexander Cornwell, Parisa Hafezi, Ahmed Elimam and Tala Ramadan TEL AVIV/DUBAI (Reuters) -Israel bombed nuclear targets ...

Despite Iran's repeated threats to close the Strait of Hormuz, a vital chokepoint for global oil, analysts believe an actual ...

A $10 a barrel increase in the average price of crude oil in FY26 will typically push up net oil imports by about $13-14 ...

The Fed is likely to remain sidelined, unable to cut rates or provide support as inflation accelerates above target, ...

Shell CEO Wael Sawan said on Thursday the oil and gas major was being 'very careful' with its shipping through the Middle East given the escalating conflict between Israel and Iran.

Greenpeace warns of major ecological risk after oil tankers collide off UAE, possibly spilling 70,000 tonnes of crude near a ...