The barrage was intercepted without casualties, potentially allowing Iran to save face while avoiding further retaliation ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a ...

A prominent adviser to Ayatollah Ali Khamenei, Iran’s supreme leader, has already called for the closure of the Strait. A ...

QATAR AND JOINS US LIVE IN NEEDHAM. DAVID ERIKA. WE SPOKE WITH TWO LOCAL EXPERTS, A RETIRED ARMY GENERAL AND A PROFESSOR OF ISLAMIC HISTORY. BOTH NOTED THAT IRAN SENT OUT WARNINGS THAT THESE ATTACKS ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

Several Persian Gulf states, including Qatar and the United Arab Emirates, have reopened their airspace and resumed ...

Air tracking data from FlightAware showed 705 cancellations worldwide as of Monday afternoon. Dubai International Airport ...

Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world's most important crude ...

Analysts with ING financial group outlined four possible avenues for Iran: full escalation that also draws in other nations ...

Iran has threatened to close the Strait of Hormuz, in what would serve as another act of retaliation after the U.S. launched ...