On Monday this week, oil markets went into panic over the closure of the Strait of Hormuz, the choke point through which 20% of the world’s oil...

On Monday this week, oil markets went into panic over the closure of the Strait of Hormuz, the choke point [...]

The oil price reached nearly $120 a barrel on Monday over fears of lengthy disruption to supplies. ......

Oil prices soared and stock markets came under pressure on Monday after intense US-Israeli strikes on Iran prompted fears of significant global...

Oil prices soared and stock markets came under pressure on Monday after intense US-Israeli strikes on Iran prompted fears of significant global...

Crude oil prices fall sharply as energy markets remain on tenterhooks over effective closure of the Strait of Hormuz.

Crude oil prices fall sharply as energy markets remain on tenterhooks over effective closure of the Strait of Hormuz.

The ongoing war in Iran has unleashed the largest supply disruption in the history of the global oil market, slashing output by 8 million barrels a...

Closure of the Strait of Hormuz sends shockwaves through markets, with Citi projecting Brent crude could surge to $80–$90 a barrel (bbl) this week.

Oil surged by the most in four years, as the US-Israeli war against Iran plunged the global crude market into turmoil, with the effective closure of...