The Strait of Hormuz is a marine entryway into the Persian Gulf, with reports suggesting that around 20% of global oil consumption flows through this waterway. The closure would also mean trouble for ...

Oil prices surged after Israel attacked Iran’s South Pars gas field amid escalating tensions. While analysts expect temporary price hikes, any disruption to the Strait of Hormuz or broader conflict co ...

Now, it is reshaping the Middle East on its own terms and forcing the Trump administration to play catch-up as Israeli leaders ramp up attacks against Iran. The moves could upend global markets and ...

This spike came after Israel struck Iran’s nuclear and missile sites, raising fears of further retaliation and supply ...

Front-month crude oil futures were lower and Julius Baer said oil prices were expected to rise temporarily before returning to previous levels.