Iran and Israel are yet to publicly respond to the announcement, which comes after Tehran fired missiles at a US base in ...

President Donald Trump says on social media that Israel and Iran have agreed to a “complete and total ceasefire” to be phased ...

In 2024, average daily exports stood at 20.3 million barrels of crude oil and 290 million cubic meters of liquefied natural ...

Iran has threatened to close the Strait of Hormuz, in what would serve as another act of retaliation after the U.S. launched ...

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...

U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after ...

United States Secretary of State Marco Rubio turned to China on Sunday to prevent Iran from closing the Strait of Hormuz, one ...

Fears of conflict loom large after the United States inserted itself into the Israel-Iran war, raising urgent questions about ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.

The potential closure of the Strait of Hormuz could drastically disrupt the flow of a billion dollars' worth of oil shipments each day ...

Just 24 miles wide at its narrowest point, the Strait of Hormuz is a crucial waterway through which millions of barrels of ...