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 ...

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

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

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.

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

Beijing has said it is prepared to act as peacemaker in the escalating conflict between Israel and Iran after having ...

Crude oil and natural gas prices continue to climb on fears that energy shipments via the Strait of Hormuz could be disrupted ...

DUBAI, United Arab Emirates (AP) — 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 ...