For India, this poses another serious risk. Nearly 30 per cent of India’s west-bound exports to Europe, North Africa, and the ...

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 ...

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 ...

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 ...

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 ...

After dipping to a four-year low before Memorial Day, gas prices may soon head in the opposite direction — and quickly — as ...

Russia's chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...