Wall Street will also be weighing up how likely it is that Iran retaliates to the strikes by closing the Strait of Hormuz. About 20% of the world’s oil passes through the corridor each day, so a ...

Energy Minister Pirapan Salirathavibhaga called an urgent meeting on Monday in response to a warning from Iran that it may ...

From striking US bases in the region, to possibly closing a key waterway to global shipping, Iran is likely mulling its next moves.

The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran.

President Donald Trump on Sunday called into question the future of Iran’s ruling theocracy after a surprise attack on three ...

The Strait of Hormuz, through which around a fifth of the global oil supply is transported every day, remains at the centre of attention on Monday.

An Iranian closure of the Strait of Hormuz would be dangerous and "not good for anybody", the European Union's top diplomat ...

Iran has a number of options to disrupt ships moving through the Strait of Hormuz-the route for 40% of the world’s tanker ...

The world is watching to see whether Tehran responds to the U.S. military strikes as leaders urge Iran to negotiate.

The world grappled Sunday with the United States inserting itself into Israel’s war by attacking Iranian nuclear sites, an operation that raised urgent questions about what remained of Tehran’s ...

The South African rand weakened in early trade on Monday, pressured by the rise in crude oil prices and risk-off sentiment following the U.S. military action against Iran over the weekend.