Oil and gas prices surged and global stocks fell on Monday as the widening conflict in the Middle East disrupted energy ...
Israel launched a new wave of strikes on Tehran and Iran responded with more missile barrages. Iran has said it has closed navigation through the Strait of Hormuz, prompting Asian governments and ...
US president warns conflict could last four weeks; three US service members dead; Iran’s state television hacked to show Trump videos. Follow updates here.
Brent jumped by as much as 13% to above US$82 ($104.38) a barrel at the open on Monday, and oil markets are now bracing for ...
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Iran sits on one side of the Strait of Hormuz — the shipping lane for about a fifth of the world’s crude from key suppliers ...
Aramco’s media office did not have an immediate comment, while Saudi Arabia’s government did not immediately respond to request for comment.
Iran produces 3% of global oil but controls the Strait of Hormuz, carrying one-fifth of global crude — giving it significant leverage over energy markets. Tankers are avoiding the strait and shipping ...
President Donald Trump’s decision to strike Iran creates new risks for a significant chunk of the world’s oil supply.
As the war continues into a third day, Trump, in a video message, says 'there will likely be more' US service members killed ...