Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, ...

Although Israel and Iran's ceasefire which came into force on Tuesday removed the pending threat of the Strait of Hormuz's closure, this is not the first time that Iran has said it would block it. Vie ...

The ongoing escalation between Iran and Israel could have several economic repercussions, most notably a surge in oil prices as well as shipping costs ...

Tehran studies shutting the Strait of Hormuz, Iran's official news agency reported, citing Esmail Kowsari, a member of Iran's ...

In a social media post on Tuesday, Trump wrote that “China can now continue to purchase oil from Iran.” That would be a major ...

Iran’s nuclear program wasn’t as damaged by U.S. airstrikes early Sunday as President Donald Trump had claimed, according to ...

Oil prices have slumped. A barrel of U.S. crude fell 6% to around $64, and Brent Crude, the international standard, had a similar drop.

U.S. stocks rose toward their all-time high on Tuesday after oil prices eased further on hopes that Israel’s war with Iran will not damage the global flow of crude. The S&P 500 climbed 1.1%, following ...

A longtime friend of Tehran, Beijing jumped into verbal action when Israel attacked Iran nearly two weeks ago When Israel ...

China is closely watching whether Israel and Iran can broker a ceasefire. Beijing gets much of its crude oil imports from ...

After Iran's retaliatory airstrikes on a United States military base in Qatar, experts are evaluating what could come next.