Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...

The Israel Iran conflict has entered its sixth day on Wednesday (June 18). US President Donald Trump has called for ...

Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.

Standard Chartered on Wednesday denied lapses in its derivatives sales and said it offered structured products only to ...

The Strait of Hormuz is one of the busiest shipping routes in the world and provides the only sea passage from the Persian ...

Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...

Crude oil prices remain elevated even after pulling back from the 5-month high hit on Friday. Explore the top targets to ...

Somaliland offers a stable base near Red Sea chokepoints amid rising tensions with Iran and China’s influence in Djibouti.

Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.

Russian gas accounted for about 19% of EU imports last year, down from roughly 45% before Moscow's invasion of Ukraine and oil imports have declined to 3% from 27% in early 2022. Global Banks Increase ...

As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...

Oil Climbs Over 2% on Middle East Risks -- Market Talk ...