News

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.
Oil prices eased in Asian trade on Wednesday, after a gain of 4% in the previous session, as markets weighed the chance of ...
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...
Iran could easily choke off Hormuz Strait - just sinking a few ships and oil tankers with missile or drone attacks could do ...
About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...
Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...
Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.
Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for ...
U.S. President Donald Trump on Tuesday called for Iran's "unconditional surrender" as the Iran-Israel air war entered a sixth ...