Economic and financial expert Dr. Bashir Aliya warned on Saturday that escalating tensions in the region could drive global ...

India will face multiple challenges if the Israel-Iran conflict escalates into a full-fledged war or, worse, a regional ...

The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies. Read more at The Business Times.

The S&P report says the "pre-emptive" strikes by Israel against Iranian nuclear facilities come as Asia, where key importers rely heavily on LNG supplies from Qatar, is about to enter the summer deman ...

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...

Global fuel prices have started to surge in the wake of the Iran-Israel conflict, with Brent crude futures rising 9.07% or $6.29 to reach $75.65 per barrel. At one point, prices peaked at $78.50 per ...

Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...

An Iranian lawmaker said closure of the Strait of Hormuz, a critical chokepoint in the global energy trade, was under serious ...

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

Iran last threatened to close the Strait in April 2024, as it has done on several previous occasions. Shipping was targeted ...

The Israeli Air Force is carrying out widespread strikes on gas facilities in the Bandar Abbas region of southwestern Iran ...

Commercial vessels sailing through the Strait of Hormuz—the gateway to the Persian Gulf—face a risk of collateral damage and ...