The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...

Crude oil prices surged Friday, with Brent nearing $78/barrel, driven by escalating West Asia tensions and fears of supply ...

Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...

Israel launched strikes on Iran overnight targeting nuclear facilities and military leaders, causing damage in Tehran but no ...

The Iran shock presents two risks to the price of oil, which rose 8 per cent to $74 a barrel on Friday morning, a sizeable ...

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

Israel's strikes on Iran could take oil prices above $80. This has implications for the global economy, markets and policy ...

Global markets are in turmoil on Friday after Israel unleashed a major wave of strikes on Iran’s nuclear program overnight ...

Axios Visuals Israel's strikes against Iran Thursday night immediately sent oil prices up sharply, with Brent now trading at its highest level since early April. Why it matters: Traders are responding ...

Of course, the most sensitive point Tehran could target is the Strait of Hormuz, a narrow shipping lane between Iran and Oman ...

Richard Bronze, Co-Founder & Head of Geopolitics at Energy Aspects, says oil markets are in wait-and-see mode as risks grow, and OPEC may fill gaps but with reduced spare capacity.

Israel launched widescale strikes against Iran on Friday, saying it targeted nuclear facilities, ballistic missile factories ...