Iran could shut the Strait of Hormuz as a way of hitting back against its enemies, a senior lawmaker said on Thursday, though ...

Occidental Petroleum Corporation (NYSE:OXY) is one of the 10 best oil and gas stocks to buy now. On May 9, JPMorgan lowered ...

The scramble to reassess shipping insurance costs reflects the deteriorating security environment in the Middle East.

Many times, we feel that global conflicts are too far away to affect us. But the truth is, events happening thousands of ...

The recent military clash between Iran and Israel has sent shockwaves through global energy markets, causing oil prices to ...

East and there are already knock-on effects impacting economies globally, including with higher prices for gasoline at the pumps.

As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait ...

Despite the strategic importance of the Strait of Hormuz, oil markets currently show little reaction to escalating regional ...

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...

Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

The Strait of Hormuz handles over one-sixth of global oil trade—here’s why its closure could rattle global markets.

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...