The boss of Shell has warned that oil tankers are having their signals jammed when they pass through the Strait of Hormuz as ...

Crude oil and natural gas prices continue to climb on fears that energy shipments via the Strait of Hormuz could be disrupted by any future escalation of Israel-Iran conflict ...

Ample supply buffers and weak demand may limit oil price shock amid Israel-Iran tensions, but risks to global growth remain.

Analysts warned that crude oil prices could hit $100 a barrel mark if the conflict extends. An end to the war can cool off ...

Europe's diesel market underwent a fundamental shift after the European Union and Britain banned Russian oil imports into the region in the wake of Moscow's invasion of Ukraine in February 2022. The ...

Shipping through the Strait of Hormuz is under intense scrutiny because the waterway is the conduit for about a quarter of ...

Iran has repeatedly warned that it might block Strait of Hormuz, a narrow sea route, in response to pressure from Western countries, although it has never actually done so. On June 13, Israel carried ...

WTI crude oil futures surged 1% in Asia trades on Thursday, approaching $75 amid heightened concerns that the US may join Israel in its military operations against Iran.

The tensions between Israel and Iran continued to spiral on the seventh day of the conflict, with significant damage to ...