The U.S. has taken new steps to protect global energy trade after Iran effectively closed a crucial waterway for transporting some of the world's oil.

About 20% of the world's oil and liquefied natural gas consumption transits the Strait of Hormuz, which Iran 'closed' after U ...

Florida had the nation's fourth-highest increase in fuel pump prices on Tuesday, which marked the biggest single-day increase nationally since 2022.

Oil tankers have mostly stopped entering or exiting the Persian Gulf as Iran threatens to block the Strait of Hormuz amid an ongoing war with the United States that has killed its supreme leader and ...

Investors rushed to lock in a spike in oil prices ​this week, resulting in a record volume of energy futures and options ...

One-fifth of the global oil supply and substantial amounts of natural gas travel through the Strait of Hormuz, which has become a no-go zone for many tankers as fighting continues.

ProShares Ultra Bloomberg Crude Oil ETF is downgraded to Hold after a 46% return in under three months. Learn more about UCO ...

Oil prices are up sharply as the widening Iran war disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world’s oil supply.

Most of Iran's exported oil goes to China and is carried on so-called "shadow ships," tankers that actively conceal their ...

The unfolding war in the Middle East has ricocheted across the region, with nearly every country sustaining damage and many ...