Iran has declared the Strait of Hormuz closed and threatened to set fire to any ships that try to pass through as the ...
The live-fire naval drills are a signal from Iran of the potential fallout to the world economy if the US goes through with ...
U.S. President Donald Trump, who scrapped an earlier nuclear agreement with Iran during his first term, has repeatedly threatened to use force to compel Iran to agree to constrain its nuclear program.
Global oil and gas prices surged on Tuesday as the escalating U.S.-Israeli war with Iran disrupted energy exports from the Middle East, triggering supply fears and sending shockwaves through commodity ...
Eight countries that are part of the OPEC+ oil cartel announced Sunday they will boost production of crude as U.S. and Israeli forces launched a major attack on Iran and the country responded with ...
Amid the war in the Middle East, Iran has been targeting key energy infrastructure across the region. Tehran is also ...
Oil prices jumped Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how ...
Ship traffic in the Strait of Hormuz is facing disruption and confusion after a major US and Israeli attack on Iran and ...