Following recent US and Israeli strikes, Iran has threatened to close the Strait of Hormuz, a critical chokepoint for 20% of ...

The price of crude oil stabilized on Monday after Iran's limited retaliation against U.S. strikes on Iran's nuclear site and ...

Oil markets rose Tuesday after President Donald Trump permitted China to buy Iranian oil despite previous sanctions, with ...

The U.S. is urging China to use its influence to prevent Iran from closing the critical Strait of Hormuz, a vital global oil ...

Operation Midnight Hammer flattened Iran's nuclear ambitions. Precision-guided Tomahawk cruise missiles and stealthy B-2 bombers executed a strike worthy of a Hollywood blockbuster. And President ...

July has often delivered strong returns for Bitcoin, typically rebounding from a weak June. These recoveries have followed crypto-specific downturns such as post-halving sell-offs, the fallout from ...

Oil prices have shown more volatility, rising from $61 at the beginning of the month on the threat of conflict, then jumped ...

Iran’s leaders can be difficult to read, but closing the Strait will not benefit them, and will likely hurt them in the long run.

The geopolitical risk of a potential closure of the Strait of Hormuz disproportionately falls on Asian states. It’s high time ...

China, heavily dependent on Middle East oil, has tried to cast itself as a peacemaker. But in the Israel-Iran war, Washington ...

The chemical tanker Kohzan Maru was sailing towards the strait before changing course to remain in the Gulf of Oman. The oil tanker Red Ruby and chemical carrier Marie C were also sailing towards the ...

Americans could see modest increases in the prices they pay at the pump in the wake of increasing conflict with Iran, analysts say. Andrew Lipow, president of consulting firm Lipow Oil Associates, ...