Iran could easily choke off Hormuz Strait - just sinking a few ships and oil tankers with missile or drone attacks could do ...

By Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP. The key points are: So far, the Israel/Iran war ...

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

Tensions at the Strait of Hormuz risk 20M bpd in crude oil flow, fueling a sharp rally in oil futures and boosting market ...

Oil prices slipped $1 per barrel on Monday in volatile trading after reports that Iran is seeking an end to hostilities with ...

The Iraqi foreign minister warned on Saturday that the Strait of Hormuz might be closed due to the Israel-Iran confrontation.

Israel launched military strikes against Iran's nuclear facilities, leading to a significant surge in global oil prices and increased geopolitical uncertainty.

SHALE oil production in the United States is projected to decline starting next year. From its peak of 13.5 million barrels ...

International carriers such as Israel-based El Al (IL:ELAL) and Dubai-based Emirates will feel the most pain, Henderson said, as the airspace closure is forcing airlines to take detours, which leads ...

Energy & Environment Energy & Environment   The Big Story Oil prices jump amid Middle East conflictOil prices surged as ...

U.S. oil benchmark prices climbed roughly 7% to about $73 a barrel, the highest level since early April. U.S. government ...