Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...

India, China, South Korea and Japan could be among the Asian countries facing pain at the pump if Iran decides to close the ...

Iran has been warned that shutting a major oil “choke point” in the Middle East in retaliation for US strikes on its nuclear ...

If Iran were to retaliate against the U.S. after the Trump administration's surprise bombings of three nuclear sites, here's ...

The Strait of Hormuz is vital for gas and oil exporters in the Gulf region, as this is the only route by sea to export large ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...

According to the International Energy Agency (IEA), around 25% of the world's oil supply passes through the Strait.

Tension is continuously building up in the Middle East as the world is closely watching how Iran will respond to US' strikes ...

Press Secretary Karoline Leavitt says the US has not changed its military position on Iran after Trump’s earlier comments.