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

Tanker rates and insurance premiums for vessels traversing the Strait of Hormuz have significantly increased following recent military actions in the region, reflecting growing market concerns about ...

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 ...

Russia's economy is on the verge of sliding into recession, Economy Minister Maxim Reshetnikov said at the St Petersburg ...