Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup, which added that a ...

India is preparing to diversify its crude oil sources beyond the Persian Gulf and potentially reduce refined-product exports ...

According to the newspaper, Iran has an opportunity to install mines in the Strait of Hormuz, which will leave US warships isolated in the Persian Gulf ...

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 ...

The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...

(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 ...

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

There are short-term shocks and long-tailed risks from geopolitical events. Understanding the difference leads to better ...