The live-fire naval drills are a signal from Iran of the potential fallout to the world economy if the US goes through with threats to attack it, as tensions mount between the two countries.

A fifth of global oil flows through the Strait of Hormuz. Here’s why its closure is shaking energy and shipping markets.

Iranian Admiral Tangsiri says decision rests with Tehran’s leadership, highlights 24-hour intelligence control over strategic waterway

Iran has threatened to shut down the Strait of Hormuz if the US and Israel launch a war against it. Given a quarter of seaborne oil and a fifth of global LNG shipments pass through this critical

The average price for a gallon of gasoline jumped 11 cents overnight to about $3.11 in the U.S., according to motor club AAA. Gas prices were already rising before the U.S. launched strikes on Iran as refiners switch over to summer blends of fuel,

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 threatening energy exporters, warning that tankers entering the Strait of Hormuz — a narrow,

Oil prices jumped Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world's oil supply.