The Strait of Hormuz is one of the world’s most critical maritime chokepoints, through which around 20 per cent of global oil ...

Twenty-four crew have been rescued after two oil tankers collided off the UAE, sparking at least one fire, the United Arab ...

United States President Donald Trump said he wanted a "real end" to the nuclear problem with Iran and indicated he may send ...

Turkey expects there to be no issues with oil and gas supply for its domestic demand amid the conflict between Israel and ...

The United Arab Emirates coast guard said on Tuesday it had evacuated 24 people from oil tanker ADALYNN following a collision between two ships in the Gulf of Oman, near the Strait of Hormuz. British ...

Middle East tensions prompt ship diversions from Strait of Hormuz as Gulf-to-China freight rates surge 24%, fuelling concerns ...

Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could quickly shift, according to experts, if the conflict affects the Strait of ...

Markets are concerned about Iran's frequent threats to blockade the Strait of Hormuz, just as the US heads into peak summer ...

The International Energy Agency tweaked its global oil demand forecast, now expecting demand to rise by 720,000 barrels a day this year versus 740,000 barrels previously, citing weak second-quarter ...

Front-month WTI crude oil futures were last 1.2% higher at $72.60 a barrel. Brent crude futures were up 1.3% at $74.15 a barrel. Both benchmarks flitted between gains and losses in the latter half of ...

The United Arab Emirates coast guard said Tuesday it had evacuated 24 people from an oil tanker following a collision between two ships in the Gulf of Oman, near the Strait of Hormuz. British maritime ...

--Brent crude and WTI were both up 1.3% at $74.20 a barrel and $72.70 a barrel respectively, amid concerns about supply via the Persian Gulf's Strait of Hormuz--a key energy shipping route where ...