The Trump administration on Sunday signaled a willingness to renew talks with Iran and avoid a prolonged war in the aftermath ...

The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...

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Goldman Sachs forecasts Brent crude could spike to $110 per barrel if Iran disrupts oil flows through the Strait of Hormuz.

The rise comes after Iran's parliament backed closing the critical Strait of Hormuz, where about 20% of the world's oil ...

Spokesperson of Afghanistan's Ministry of Foreign Affairs, Abdul Qahar Balkhi, has condemned the United States' airstrikes on ...

"As the Middle East situation enters a new phase due to the US airstrike on Iran's nuclear facilities, there are concerns about the impact on our exports and imports," first vice industry minister ...

US Secretary of State Marco Rubio on Sunday called on China to encourage Iran not to shut down the Strait of Hormuz after ...

U.S. involvement in the conflict between Iran and Israel means an increase of 20% or more in oil prices seems likely, Panmure Liberum said.

Though seen as a drastic option, the most powerful tool Iran has to shock the global economy and hurt the U.S. is to close traffic on the strait, said Danske Bank chief analyst Minna Kuusisto. Doing ...

Attacks on Iranian nuclear sites have thrust the US into the escalating conflict between Israel and Iran. President Donald Trump warned further US intervention was possible as the world awaits an ...