But because America imports less oil than it once did, these days, closing the strait would have less impact on the U.S. than on Iran—and would hurt the main buyer of Iran’s oil, China.

Oil markets are globally connected and high geopolitical pressures in the Middle East have the potential to impact petroleum product markets everywhere. That’s what Frederick J. Lawrence, the ex ...

Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle ...

Oil has always been the lifeblood of Middle East power struggles, but its impact goes far beyond barrels and pipelines. Discover the intricate ways these energy shocks disrupt global markets ...

Summary Conflicts in the Middle East can impact global financial markets, particularly the S&P 500, due to disruptions in oil supplies and international trade. The Hamas/Israel conflict has not ...

Due to Trump’s pro-energy policies, the U.S. is well braced to endure disruptions in the market, including wars in the oil-rich Middle East, according to energy sector experts.

Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.

The benchmark daily rate for a ‘very large crude carrier’ (VLCC) moving oil from the Middle East to China has risen by 40% since June 13, reflecting the higher risk premium tanker owners are ...

ARI SHAPIRO, HOST: War broke out in the Middle East, but unlike in decades past, there has not been panic about a subsequent oil crisis. NPR's Camila Domonoske is here to explain why.

An escalation of conflicts in the Middle East in recent weeks has triggered a sharp increase in oil prices, raising uncertainty about where costs will head in the final weeks before Election Day ...