A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...

If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday on a bet that Iran's decision to bomb U.S.

The all-caps post came hours after weekend bombings in Iran rattled oil markets and reignited fears of rising fuel costs.

President Donald Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

American military and diplomatic outposts across the globe are on high alert after a U.S. bombing raid on Saturday struck ...

The reaction so far has been muted in markets after the US strike on Iran’s nuclear facilities as the world awaits how Iran ...

In a sense, then, this felt like a repeat of 2020, when Iran fired missiles at an American base after Mr Trump ordered the ...

An increase in gas prices is one potential economic impact of the U.S. bombing nuclear sites in Iran June 21.