The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...

Iran and Israel tension have spooked markets due to fears of surging oil prices and inflationary pressures. Read more to find ...

The Strait of Hormuz is one of the busiest shipping routes in the world and provides the only sea passage from the Persian ...

A strange event occurred near the Strait of Hormuz, one of the busiest and most important waterways in the world. An oil ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

* About a fifth of the volume of the world's total oil consumption passes through the Strait on a daily basis. An average of ...

Iran’s central role in the global oil ecosystem is back in sharp focus as escalating tensions with Israel push crude oil ...

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

The Israel-Iran conflict has taken a perilous new turn, with fears mounting that Tehran could choke off global oil supplies ...

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

Former Iranian Economy Minister Ehsan Khandouzi has said that tankers and LNG cargoes should only transit the Strait of ...