CAIRO (Reuters) -The national security committee of Iran's parliament approved the general outline of a bill meant to fully ...

India is closely monitoring insurance and freight costs due to the West Asia conflict. Iran's parliament considered closing ...

Oil futures tanked after Iran responded to US strikes against the Middle Eastern country's nuclear sites, sparing the supply ...

About 20 million barrels of crude oil pass through the strait daily, according to the U.S. Energy Information Administration. Located between Iran and Oman, the waterway is one of the world’s most ...

Despite Iranian missile strikes and airspace closures, oil prices plunged as traders dismissed the risk of serious supply disruption.

By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...

Day 11 of the escalating hostilities between Iran and Israel moved in a different direction on Monday after Iran launched air ...

The recent U.S. airstrikes on Iran's nuclear facilities have triggered a global diplomatic and military fallout, with the United Nations Security Council witnessing sharp divisions. While the U.S.

President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile following U.S. strikes on Iranian nuclear facilities. Trump ...