India has suspended tea exports to Iran due to the escalating conflict with Israel, disrupting communication and business ...

Brent is set for a third consecutive week of gains, up 3.8% weekly. US WTI crude prices showed a slight increase amid market uncertainties.

Crude oil prices have extended gains for a third consecutive week due to escalating conflict in the Middle East and increased ...

China, which depends on Iran for oil and to counter American influence, has a lot to lose from a wider war. But there’s not ...

Hostilities between Israel and Iran have raised the cost of shipping insurance in the Persian Gulf and Red Sea, leading to ...

The U.S. West Texas Intermediate crude for July - which did not settle on Thursday as it was a U.S. holiday and expires on ...

NewsNation Chief Washington Anchor and On Balance host Leland Vittert gives you an early look at tonight’s 9 p.m. ET show.

President Ferdinand R. Marcos Jr. said the Philippine government is prepared to offer fuel subsidies to sectors that could be ...

(Reuters) -An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above ...

According to Alexander Novak, of all the world's oil exports, about one-third comes from the Persian Gulf countries through the Strait of Hormuz ...

If the Strait of Hormuz is closed, much of the world could go without fuel. After the Israeli bombing that started on June 13, several Iranian politicians have suggested that the Strait should be ...

Iran has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional ...