CALGARY] Oil prices jumped almost 3 per cent on Thursday as a week-old air war between Israel and Iran escalated and ...

(Reuters) -An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above ...

According to Alexander Novak, of all the world's oil exports, about one-third comes from the Persian Gulf countries through the Strait of Hormuz ...

The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...

While the Israel-Iran conflict is playing out thousands of miles away from US soil, Americans may not be able to escape the ...

If the Strait of Hormuz is closed, much of the world could go without fuel. After the Israeli bombing that started on June 13, several Iranian politicians have suggested that the Strait should be ...

Iran has long asserted that it can shut down the Strait of Hormuz. While the strait can't be "closed" in the traditional ...

There are short-term shocks and long-tailed risks from geopolitical events. Understanding the difference leads to better ...

Iran is maintaining crude oil supply by loading tankers one at a time and repositioning floating storage closer to Asia, two ...

After dipping to a four-year low before Memorial Day, gas prices may soon head in the opposite direction — and quickly — as ...

Russia's chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

Greenpeace warns of major ecological risk after oil tankers collide off UAE, possibly spilling 70,000 tonnes of crude near a ...