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.

Vessels face dangers from electronic interference to Houthi attacks and threat of further escalation in Israel-Iran war ...

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

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

The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...

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

Crude oil markets continued to hover around the $75 a barrel mark this Wednesday, sustained by fears that the US could get ...

About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...

Oil prices are fluctuating as the conflict between Iran and Israel continues for the sixth straight day. Brent crude had ...

Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...

Analysts said the market was largely worried about supply disruptions in the Strait of Hormuz, which carries a fifth of the ...

Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...