The calming in the oil market came as several analysts said Iran would likely refrain from closing the waterway. Iran itself ...

Finally, in addition to disrupting markets and supply chains and generating significant economic costs for the U.S., a third ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.

Analysts widely expect any move to restrict the flow of shipping traffic in the Strait of Hormuz to bring a spike to oil ...

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...

"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...

The Strait of Hormuz—a narrow, 33-km-wide maritime chokepoint between Iran and Oman—is once again at the centre of global attention, this time more perilously than ever before. Amid intensifying ...

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.

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

The U.S. airstrikes on Iranian nuclear facilities raise concerns about risks to troops in the Middle East and civilians in the U.S. and abroad, while also threatening to drive up fuel costs.