Oil futures are selling off following Iran's missile attack on a U.S. military base in Qatar, with benchmark U.S. prices ...

President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices ...

The calming in the oil market came as several analysts said Iran would likely refrain from closing the waterway. Iran itself ...

Oil prices slipped more than $3, or 4%, on Monday after Iran attacked the U.S. military base in Qatar in retaliation for U.S.

President Donald Trump took to social media on Monday with a forceful call to boost oil output, demanding immediate action ...

While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...

"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.

Trump’s tariffs and the trade war continue to affect global markets as the Israel-Iran conflict unfolds. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

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 crude, the international standard, edged up by 0.2% to $77.17 per barrel.

Iran has spent decades building multi-tiered military capabilities at home and across the region that were at least partly ...