Closure of the Strait of Hormuz a result of the escalating conflict between Israel and Iran has been described as “extremely ...

About a quarter of the world’s oil trade passes through the Strait of Hormuz, which links the Persian Gulf to the Indian ...

In its latest June Global Economic Forecast, S&P Global warns that any disruption to oil flows from the Gulf—such as a closure of the Strait of Hormuz—could dramatically shift energy prices, inflation ...

A former BP boss has warned oil prices will be "volatile" for the foreseeable future as tensions in the Middle East continue ...

Shell warns that escalating tensions between Israel and Iran, potentially disrupting the Strait of Hormuz, could severely ...

Oil prices fell on Thursday, June 19, amid uncertain signals from U.S. President Donald Trump regarding Washington's ...

Petrol prices in Cyprus have begun to rise as a result of the ongoing conflict between Iran and Israel, with petrol station owners’ association chairman Savvas Prokopiou on Thursday saying two ...