Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...

Petroleum futures were down late Wednesday morning, despite a bullish government report that showed a large drop in crude oil stocks and higher gasoline and distillate demand in the week ended Friday.

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...

Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister ...

New Jersey gas prices inched up over the past week as hostilities between Israel and Iran rattle global oil markets and push ...