Iran has effectively stopped tankers from using the Strait of Hormuz, the shipping lane between the Persian Gulf and the Gulf ...

Israeli war with Iran, for all its complexity and global effects, boils down to a single question: Who can take the pain the longest? A surge in oil prices points to what may be Iran’s most effective ...

US destroys 16 Iranian vessels near Strait of Hormuz, Iran retaliates with its 35th strike wave. Sirens across the Gulf, 95 dead in Lebanon — 10 updates.

LONDON, March 11 (Reuters) - Naval drones have been used in at least two attacks on oil tankers in the Gulf region since war erupted between the U.S., Israel and Iran, according to maritime ...

Iran might be outgunned and outspent by the US and Israel but it has one major advantage — its control over the Strait of Hormuz.

After a major surge in crude oil prices on Monday, global energy prices have tumbled and stock markets rebounded ...

Iran's military says the world should be prepared for oil to hit $US200 a barrel as its forces attacked merchant ships in the blockaded Gulf.

The International Energy Agency agreed Wednesday to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects on energy markets of the war in the Middle East ...

The US-Israel-Iran conflict, now in its 11th day, is set to hammer Thailand’s economy despite being fought 7,000 kilometres away. With the Strait of Hormuz closed and oil above US$120 per barrel, ...