The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.

That said, the fund house highlighted that oil shocks alone have not historically derailed equities unless sustained long ...

USO and BNO are rated hold, with trading preferred over investing amid heightened Middle East conflict volatility. Read more ...

India is preparing for potential fuel shortages. The govt is exploring options like limiting fuel exports and increasing Russian crude imports. Demand management measures, including LPG rationing, are ...

Oil prices jumped Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how ...

Brian Jacobsen, chief economic strategist at Annex Wealth Management discusses the impact of oil price fluctuations on ...

Traders were betting the supply of oil from Iran and elsewhere in the Middle East would slow or grind to a halt.

The Federal Government, in a bid to safeguard Federal revenues and strengthen the management of petroleum revenue flows has ...

The Phillips 66 Los Angeles Refinery could be a test case for how the state and local governments should handle refinery ...

By Lucia Mutikani WASHINGTON, March 2 (Reuters) - U.S. manufacturing activity grew steadily in February, but a gauge of ...