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.

In the complex lattice of global geopolitics, few chokepoints are as strategically consequential as the Strait of Hormuz .

Poll: 60% of US voters oppose military involvement in Israel-Iran war; experts warn prolonged conflict may raise oil prices, ...

Shipping analysts attribute the rising chartering costs in part to an increase in war risk premiums. According to Xclusiv ...

Military sources and security experts have warned that British bases in the Middle East are vulnerable to Iranian ballistic ...

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

Oil prices are rising sharply, and global markets are edging into risk-off mode as the Iran–Israel conflict shows no signs of slowing, entering its sixth day on Wednesday. The geopolitical crisis, ...

Explosions rock Tehran and Tel Aviv as the US deploys more fighter jets to the Middle East and Trump threatens Iran.