Despite a Friday dip, oil prices were poised for their third weekly rise in a row following the White House's decision to delay weighing in on the Israel-Iran conflict.

Hormuz is a critical waterway, without alternative, for tanker trades and any impediment or threat to free movement of ...

The Strait of Hormuz is the world’s most important oil choke point, with around 20% of the world’s oil flowing through it ...

Commentators have warned the Iran-Israel conflict could set off World War 3, but markets have reacted with a shrug. Why?

"By making this adjustment, we observe that prices tend to stay high for a few months, generally 6 months (excluding the first Gulf War in 1990) or around 4 months (including the first Gulf War), ...

A decade ago, the rest of the Middle East had nearly as much economic reason to fear Iran as it did militarily.

As deep tensions in the Middle East set in, local fuel price recoveries are suffering from the resultant surge in global oil ...

Amid mounting pressure, Iran has repeated its long-standing threat: to close the Strait of Hormuz. This narrow waterway, just ...

ANZ Senior Commodity Strategist Daniel Hynes breaks down three potential scenarios concerning the Israel-Iran conflict’s impact on the oil market. “Certainly, tensions have ratcheted up over the past ...

A collision between two oil tankers just east of the world's most critical oil choke point, the Strait of Hormuz, could bring ...

India is preparing to source crude oil from outside the Persian Gulf and reduce petroleum products exports amid concerns over ...

A new era of hegemony has begun in the Middle East as Israel has attacked Iran to assert the Zionist state as the pre-eminent military and political power in the region ...