Witnesses in the city of Khan Younis described the attack as a "massacre" and survivors have recounted the ordeal - admitting they have miraculously dodged death ...

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

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.