About 20% of di world oil usually pass through di Strait of Hormuz and di war don reduce sea traffic and send global oil prices to begin dey go up.

Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.

Strait of Hormuz closure by Iran war raises oil prices. International plans aim to safely reopen this crucial oil route.

US Iran War News LIVE: Iranian Parliament Speaker Mohammad Baqer Qalibaf said that any US aggression against Iranian islands in the Gulf will prompt Tehran to “abandon all restraint.” ...

Some commercial ships near or in the Strait of Hormuz and Persian Gulf have declared themselves as China-linked since the Iran war began, marine traffic data show, as their operators apparently try to ...

Strait of Hormuz LIVE updates: On the 13th day of the war between Iran and Israel, oil prices surged as Brent crude rose above $100 a barrel early Thursday, days after briefly nearing $120, amid ...

Missile strikes, drone attacks and tanker attacks continue across West Asia with no end to hostilities between US-Israel and ...

Brent rose 4.9% while WTI was up 3.6%. Goldman Sachs increased its fourth quarter oil-price forecast citing expectations of ...

The move has heightened fears that the conflict could disrupt global oil flows on a massive scale and push energy markets into deeper turmoil.

The cost of oil hit $100 per barrel once again on Thursday as economic concerns mount due to the U.S.-Israeli war on Iran.

Brent crude oil surged past $100 a barrel Thursday before dipping below that landmark threshold, though oil prices were still up on the day as further attacks on ships in the Gulf spooked energy ...

Meanwhile, Iran took credit for attacks on ships in the Strait of Hormuz as U.S. gas prices reached a national average of $3.59 a gallon.