“When the response comes and it is muted, oil drops,” said Tom Kloza, chief market strategist at consultancy Turner Mason & ...

US President Donald Trump declared a temporary ceasefire between Israel and Iran, after the latter targeted the US airbase in ...

As Middle East tensions intensify, Michael Ricafort, chief economist at Manila-based Rizal Commercial Banking Corp, told ...

The U.S. strikes against Iran over the weekend raised concerns that Iran could retaliate by trying to close the Strait of ...

Tokyo, Japan –Rising oil prices following last weekend’s US military strikes on Iranian nuclear facilities have raised ...

Oil prices fell almost 4%, having already slid 9% on Monday when Iran made a token retaliation against a US base, which came ...

Israel has yet to comment officially on the truce announced by the US president, which comes after Tehran fired missiles at a ...

The calming in the oil market came as several analysts said Iran would likely refrain from closing the waterway. Iran itself ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

Around 84% of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South ...

DUBAI: Most stock markets in the Gulf ended higher on Monday amid rising oil prices, as investors anxiously waited ...

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