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The Brent Oil price has risen to a 5-month high of $79 per barrel due to a further escalation of the military conflict between Israel and Iran, which has been ongoing for a week, Commerzbank's ...

Iran has no legal authority to order a halt to traffic through Hormuz. To do so, it needs to do so by force. Read more at straitstimes.com. Read more at straitstimes.com.

Futures on Wall Street are trading with losses after the White House announced that US President Donald Trump will decide on ...

Fewer commercial vessels appear to be entering the Strait of Hormuz, a vital chokepoint for energy exports from the Persian ...

Trump’s two-week delay on an Iran bombing decision has generated uncertainty that is holding investors (and businesses) back ...

Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there's a ...

"By making this adjustment, we observe that prices tend to stay high for a few months, generally 6 months (excluding the first Gulf War in 1990) or around 4 months (including the first Gulf War), ...

President Trump, who weeks ago rebuked America’s misadventures in the Middle East, appears to be on the cusp of his own ...

Analyst Kristoffer Barth Skeie sees the escalation in the Middle East affecting market rates going forward. “LPG is now very ...

A decade ago, the rest of the Middle East had nearly as much economic reason to fear Iran as it did militarily.

A collision between two oil tankers just east of the world's most critical oil choke point, the Strait of Hormuz, could bring ...