Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...

Stocks edged higher as rising tensions in the Middle East fueled concerns of disruption in the Strait of Hormuz, through which roughly one-fifth of the world's petroleum is ferried. Meanwhile, ...

“Growing uncertainty around the Iran-Israel hostilities and concerns the conflict may intensify and disrupt supply, particularly in the Strait of Hormuz, have further pushed up the prices of crude oil ...

The Federal Reserve is expected to keep interest rates on hold while inflation continues to cool. Fed Chair Jerome Powell is expected to speak at 2:30 p.m. Follow along for live updates on the Dow, ...

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

Geopolitical shocks continue to impact the oil market as prices spike in response to the Israel-Iran conflict. With the US ...

Petroleum futures were down late Wednesday morning, despite a bullish government report that showed a large drop in crude oil stocks and higher gasoline and distillate demand in the week ended Friday.

Despite the strategic importance of the Strait of Hormuz, oil markets currently show little reaction to escalating regional ...

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...

Oil prices fell on Wednesday, after a gain of 4% in the previous session, as markets weighed up the chance of supply ...

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Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...