Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...

Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...

The UAE coast guard said it had evacuated 24 people from one of the ships, Adalynn, to the port of Khor Fakkan after the ...

Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and military commanders during the start of a prolonged operation to ...

Renewed conflict in the Middle East sent crude prices up like an Iron Dome, and then down like a retaliatory strike. US ...

THE escalating conflict between Israel and Iran poses a grave threat to global supply chains, with a potential de-facto closure of the Strait of Hormuz — a critical choke point for international ...

Another area of concern is the rupee. A weaker rupee would increase import costs if crude oil prices rise. This is where the ...

Oil Climbs Over 2% on Middle East Risks -- Market Talk ...

Oil prices will remain under pressure amid growing global production but Brent crude could surge to $100 per barrel if the conflict in the ...

Oil prices climbed on Tuesday as the Iran-Israel conflict raged with no end in sight, though major oil and gas infrastructure ...

Brent crude spiked over 2.5% on Tuesday after Israel launched an airstrike on Iran’s underground uranium enrichment facility at Natanz ...

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