The mere threat of blocking the strait is enough to raise oil prices. So far, prices have gone up by 10 percent, reflecting a surge in the geopolitical risk premium tied to the strait’s strategic ...

Iran's top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, after parliament reportedly backed the measure in response to U.S.

Iran tensions and potential Strait of Hormuz closure, India, importing 2 million bpd through it, feels secure. Diversified ...

SINGAPORE] When the major markets reopen on Monday (Jun 23), investors in Asia and other parts of the world will be bracing ...

Oil prices are expected to rise even higher in the coming week, as a result of the US attack on Iran’s nuclear sites. It is ...

Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, ...

As multiple wars threaten the international flow of oil, Western leaders should abandon their green energy delusions and tap their own natural resources.

If the Iranian leadership believes its survival is at stake, it could attack Gulf energy infrastructure and oil tanker ...

OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...

OPEC expert estimates served as a basis to a significant degree when determining the strategy of Russia’s development and the energy sector development strategy, the Russian president added ...

Saudi Energy Minister Prince Abdulaziz bin Salman said Thursday that OPEC+ will base any future oil production decisions on ...