Despite a Friday dip, oil prices were poised for their third weekly rise in a row following the White House's decision to delay weighing in on the Israel-Iran conflict.

"By making this adjustment, we observe that prices tend to stay high for a few months, generally 6 months (excluding the first Gulf War in 1990) or around 4 months (including the first Gulf War), ...

Any closure of the Strait of Hormuz by Iran as a result of its ongoing conflict with Israel would cut 20% from global LNG ...

President Trump, who weeks ago rebuked America’s misadventures in the Middle East, appears to be on the cusp of his own ...

As the Israel–Iran conflict enters its second week, the battleground is no longer limited to the skies. Both nations are now locked in a parallel war of numbers, where missile interceptions cost ...

A decade ago, the rest of the Middle East had nearly as much economic reason to fear Iran as it did militarily.

A collision between two oil tankers just east of the world's most critical oil choke point, the Strait of Hormuz, could bring ...

Iran is predominantly Shia Muslim, making up about 90 percent of the population, while Sunni Muslims and other Muslim sects ...

Oil prices jumped almost 3% on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge. Brent crude futures settled up $2 ...

China, which depends on Iran for oil and to counter American influence, has a lot to lose from a wider war. But there’s not ...

Crude oil prices have extended gains for a third consecutive week due to escalating conflict in the Middle East and increased ...