Donald Trump’s claim that his “proudest legacy will be that of a peacemaker and unifier” looks increasingly hollow.

The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies. Read more at The Business Times.

A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost ...

Oil prices could surge to over $100 a barrel due to the Israel-Iran war, even though there is plentiful spare capacity and ...

Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...

A new wave of conflict in the Middle East spilled into Iran’s energy sector over the weekend, as Israel launched an attack on a major gas facility connected ...

Israel launched a barrage of strikes across Iran on Friday and Saturday, saying it had attacked nuclear facilities and missile factories and killed a swathe of military commanders in what could be a p ...

Geopolitical tensions boost oil market prospects. Find out how the Israel-Iran conflict may drive crude prices above $100 and ...

Global fuel prices have started to surge in the wake of the Iran-Israel conflict, with Brent crude futures rising 9.07% or $6.29 to reach $75.65 per barrel. At one point, prices peaked at $78.50 per ...

Continuation of the conflict in the region and closing of the Strait of Ormuz may lead to serious economic shocks, Deputy Prime Minister and Foreign Minister of Iraq Fuad Hussein said ...

An Iranian lawmaker said closure of the Strait of Hormuz, a critical chokepoint in the global energy trade, was under serious ...

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.