The ongoing escalation between Iran and Israel could have several economic repercussions, most notably a surge in oil prices as well as shipping costs ...

Tehran studies shutting the Strait of Hormuz, Iran's official news agency reported, citing Esmail Kowsari, a member of Iran's ...

Although Israel and Iran's ceasefire which came into force on Tuesday removed the pending threat of the Strait of Hormuz's ...

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, ...

Oil prices have slumped. A barrel of U.S. crude fell 6% to around $64, and Brent Crude, the international standard, had a similar drop.

U.S. stocks rose toward their all-time high on Tuesday after oil prices eased further on hopes that Israel’s war with Iran will not damage the global flow of crude. The S&P 500 climbed 1.1%, following ...

A longtime friend of Tehran, Beijing jumped into verbal action when Israel attacked Iran nearly two weeks ago When Israel ...

Oil prices dropped in Tuesday trading, as traders have learned that "no wars will stop the flow of oil," said Manish Raj, ...

The national average price for a gallon of gasoline is $3.22, up eight cents from last Monday. One year ago, the price was $3 ...

Half a dozen ships have diverted course on the way to the Strait of Hormuz, the crucial waterway connecting the energy-rich ...

China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...