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 ...

Gard says charterparty signed before the June 13 Iran-Israel escalation may offer shipowners a firmer legal footing to reject transits through Hormuz, especially if threats intensify.

Prices to charter large oil tankers sailing through the critical Strait of Hormuz have more than doubled since Israel ...

This is an audio transcript of the FT News Briefing podcast episode: ‘The Fed cuts US economic outlook’ ...

President Donald Trump, when pressed outside the White House, gave no clarity. “I may do it. I may not do it. I mean, nobody ...

Iran is OPEC's third-largest producer, extracting about 3.3 million barrels per day (bpd) of crude oil. But more crucially, about 19 million bpd of oil and oil products move through the key Strait of ...

The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.

Gas prices across the region have spiked in the past few days, and they could rise 30 cents more before July Fourth.

U.S. gas prices are likely to climb higher, starting this week, as the conflict between Israel and Iran intensifies.

While Israel and Iran have engaged in a covert conflict for many years, the current situation marks a pivotal escalation, particularly as energy infrastructure has now come ...

The U.S. Embassy in Israel is working to evacuate American citizens trying to leave Israel amid its war with Iran.

The recent military clash between Iran and Israel has sent shockwaves through global energy markets, causing oil prices to ...