DUBAI, United Arab Emirates (AP) — Attacks on commercial ships in the Persian Gulf continued on Wednesday, as global energy concerns mounted and the Strait of Hormuz, a key passageway for oil shipping, remained effectively closed. The attacks came as the ...

Fearing the supply disruption, Brent crude climbed to $78.55 per barrel, up 7.8% from $72.87 The Strait of Hormuz is crucial as about 20% of global oil supply,that is around 15 million barrels per day, pass through it.

Iran’s new supreme leader Mojtaba Khamenei is set to deliver his first message since taking office, according to his official Telegram channel. “The first message of Ayatollah Seyyed Mojtaba Hosseini Khamenei,

Strait of Hormuz highlights: On the 13th day of the war between Iran and Israel, oil prices surged as Brent crude rose above $100 a barrel early Thursday, days after briefly nearing $120, amid worsening supply concerns following Iranian attacks on commercial shipping near the Strait of Hormuz.

Attacks by the U.S. and Israel on Iran, and Iranian missile and drone attacks on neighboring countries, have disrupted oil and gas supplies to the rest of the world — and dealt an energy price

The attacks against shipping vessels came as the U.S. said it destroyed more than a dozen mine-laying Iranian ships to prevent the Strait's closure

Iran’s parliament speaker said Thursday that any invasion of Iran’s islands will “make the Persian Gulf run with the blood of invaders.” It wasn’t immediately clear what prompted Mohammad Bagher Qalibaf’s comments,