The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...

Renewed conflict in the Middle East sent crude prices up like an Iron Dome, and then down like a retaliatory strike. US ...

THE government is ready to roll out fuel subsidies if the situation in the Middle East worsens and triggers a surge in crude ...

Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...

Israel's war with Iran has become a "lifeline" for the russian budget, which is experiencing a sharp drop in oil export ...