"Our economy is unproductive, import-dependent, and almost entirely externally controlled," said Samir Abu Mudallala, ...

Petrol prices in Cyprus have begun to rise as a result of the ongoing conflict between Iran and Israel, with petrol station owners’ association chairman Savvas Prokopiou on Thursday saying two ...

The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.

Shell Plc, one of the biggest traders of oil and natural gas, has contingency plans in case the conflict between Israel and ...

Shell is exercising extreme caution with its tanker movements in the Middle East due to escalating tensions between Israel and Iran, impacting oil flow uncertainty and global trade.

Oxford: The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks’ ability to cope in an ...

SEOUL – With the fiercest confrontation yet between Israel and Iran underway — and early signs of a shift from escalation to diplomacy — South Korea must remain vigilant to the fast-moving dynamics of ...

Bitcoin surges past $105,000 amid fears of an oil shock from Iran’s Strait of Hormuz blockade, driving inflation worries ahead of the Federal Reserve’s key interest rate decision.

Oil futures have risen roughly 8% since the start of the Israel-Iran war. Analysts predict prices could go higher if Iran is ...

As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait ...

When former Iranian economy minister Ehsan Khandouzi urged Tehran to bar “any oil tanker or LNG cargo” from transiting the ...

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 ...