The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an action ...

One clear sign of the region’s uncertainty impacting upon vessel movements are reports of an increasing number of crude oil ...

The recent US and Israeli strikes on Iran’s nuclear facilities have sent more than just shockwaves across the Middle ...

President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices ...

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The Strait of Hormuz is between Oman and Iran, which boasts a fleet of fast-attack boats and thousands of naval mines as well ...

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...

Foreign Ministry spokesman Guo Jiakun said on Monday that it is in the common interests of the international community to ...

Finally, in addition to disrupting markets and supply chains and generating significant economic costs for the U.S., a third ...

The calming in the oil market came as several analysts said Iran would likely refrain from closing the waterway. Iran itself ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.