The Strait of Hormuz is between Oman and Iran, which boasts a fleet of fast-attack boats and thousands of naval mines as well ...

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 ...

Foreign Ministry spokesman Guo Jiakun said on Monday that it is in the common interests of the international community to ...

Meanwhile, US Secretary of State Marco Rubio has condemned the move as ‘economic suicide’. He has warned that blocking the ...

U.S. stocks are rising, and oil prices are tumbling following the United States’ bunker-busting entry into Israel’s war with Iran. Oil jumped 4% shortly after trading began on Sunday night, but ...

The United States’ bunker-busting entry into Israel’s war with Iran is not upsetting the price of oil and stock markets on ...

Blocking the waterway in response to US attacks would harm Gulf neighbours, China and Tehran itself, analysts say ...

Finally, in addition to disrupting markets and supply chains and generating significant economic costs for the U.S., a third ...

The United States bombed Iran’s three main nuclear sites in a major escalation of this month’s conflict in the Middle East.

Some oil tankers reversed course away from the Strait of Hormuz amid growing uncertainty over whether Iran will take reprisal ...

The FTSE 100 opened lower on Monday, after the US launched air strikes on Iranian nuclear sites over the weekend.