Oil prices initially surged by $8 per barrel, following Israel's strikes on Iran, but quickly settled around $5 per barrel.

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Trump’s two-week delay on an Iran bombing decision has generated uncertainty that is holding investors (and businesses) back ...

"By making this adjustment, we observe that prices tend to stay high for a few months, generally 6 months (excluding the first Gulf War in 1990) or around 4 months (including the first Gulf War), ...

Analyst Kristoffer Barth Skeie sees the escalation in the Middle East affecting market rates going forward. “LPG is now very ...

A decade ago, the rest of the Middle East had nearly as much economic reason to fear Iran as it did militarily.

A collision between two oil tankers just east of the world's most critical oil choke point, the Strait of Hormuz, could bring ...

Oil prices jumped almost 3% on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge. Brent crude futures settled up $2 ...

China, which depends on Iran for oil and to counter American influence, has a lot to lose from a wider war. But there’s not ...

Crude oil prices have extended gains for a third consecutive week due to escalating conflict in the Middle East and increased ...

Hostilities between Israel and Iran have raised the cost of shipping insurance in the Persian Gulf and Red Sea, leading to ...