Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...

DUBAI/COPENHAGEN: Two oil tankers collided and caught fire on Tuesday (Jun 17) near the Strait of Hormuz, where electronic ...

India does not buy significant oil from Iran, but it could still impact India. Israel has been consistently hitting the oil ...

Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.

However, Tony Sycamore, a market analyst at IG, said that ongoing tensions in the Middle East and the risk of slowing global ...

Asian shares were mixed and oil prices advanced Wednesday after the escalation of conflict in the Middle East hit Wall Street. US benchmark crude oil was up ...

Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.

Business entities using the Mombasa port are holding onto hope that the Israel-Iran war will not escalate into a damaging ...

Oil prices stabilised Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict ...

Iran, OPEC’s third-largest producer, pumps around 3.3 million barrels per day (bpd). While prolonged conflict could curb its ...

Several days have passed since the direct military confrontation between the Islamic Republic of Iran and the Israeli regime ...

U.S. President Donald Trump on Tuesday called for Iran's "unconditional surrender" as the Iran-Israel air war entered a sixth ...