U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...

Economic fallout from the weekend strike by U.S. forces on Iranian nuclear facilities has been muted so far, but the opening ...

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

Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a ...

HOUSTON] Oil prices settled down more than 7 per cent on Monday, losing more than US$5 a barrel after Iran took no action to ...

India imports crude from Iraq, Saudi Arabia, Kuwait and the UAE, which is routed through the Strait of Hormuz, and it ...

Iran and Israel are yet to publicly respond to the announcement, which comes after Tehran fired missiles at a US base in ...

The U.S. military strikes in Iran are raising questions about the impact on supplies of oil and gas, including whether the ...

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

Crude oil prices are trending downwards to start the week following the United States’ attack on Iran. Following a 4% jump on ...

Experts warn Australia is not immune to the consequences of conflict in the Middle East after Iran retaliated against US ...