A potential ceasefire between Iran and Israel would significantly reduce global oil market tensions by securing crude supplies from Iran and ensuring safe passage through the critical Strait of Hormuz ...

U.S. airstrikes on Iranian territory have sharply raised fears of retaliation that could target key oil infrastructure and shipping lanes. The Strait of Hormuz, a critical oil transit chokepoint, is ...

Global markets are barely reacting after US President Donald Trump confirmed on Saturday that American forces struck Iran’s nuclear sites and Iran promised in turn to make the country suffer “severely ...

The U.S. joining the war between Israel and Iran might seem like a geopolitical flashpoint that would send markets tumbling. Instead, investors are largely shrugging off the escalation, with many ...

Oil plunged over 7% as Iran’s missile strike appeared symbolic, avoiding escalation and serious damage. Markets viewed the strike as de-escalatory, with no casualties reported and oil erasing all ...

Concerns that Iran could destabilize the global oil markets waned on Monday as the country’s retaliatory strikes on the United States broadly signaled that the regime wishes to de-escalate the Middle ...

U.S. oil prices retreated from weekly highs as markets assessed the potential for a reprieve in Middle East turmoil following a week of escalating tensions. The U.S. crude oil price benchmark, West ...

Iran's oil minister on Wednesday criticized the effects of war-led disruptions to oil markets, weeks after Tehran's 12-day hostilities with Israel sent crude price soaring. In remarks via ...

It hits me like a wall as the glass doors slide open: an unidentifiable scent — toasted, warm and slightly sweet. At international markets, smell, inextricably linked to our memories and emotions, is ...

President Donald Trump gave his blessing on Chinese purchases of Iranian oil on Tuesday, though his comments do not involve a formal shift in policy, the White House says. Trump announced the move in ...