Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

Iran's ruling establishment faces intense pressure from Israeli strikes, even as internal opposition remains fragmented.

Thick black smoke can be seen pouring from the blazing ship, which is believed to be a “dark fleet” oil tanker which had been making its way through the Persian Gulf ...