News

The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.
Oil prices dropped in Tuesday trading, as traders have learned that "no wars will stop the flow of oil," said Manish Raj, ...
Following Iranian strikes on the U.S. Al Udeid Air Base and Tuesday's shaky ceasefire between Israel and Iran, the future of ...
Iran's top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday.
While it appears as though a temporary ceasefire may be on the horizon, the war between Israel and Iran is likely to linger ...
India has significantly reduced its reliance on Middle Eastern oil, particularly through the Strait of Hormuz, which handles ...
Although Israel and Iran's ceasefire which came into force on Tuesday removed the pending threat of the Strait of Hormuz's ...
As the Iran-Israel conflict takes an uncertain pause, what has caused oil prices to go down after an initial upward spike?
Regional tensions may compel Iraq to reactivate outdated pipelines that previously carried a significant portion of its oil exports.
A blockade of the strait, through which one-fifth of global oil consumption passes, would have a catastrophic impact on the ...
India has significantly reduced its reliance on Middle Eastern oil, particularly through the Strait of Hormuz, which handles ...
The Strait is one of most strategically located “choke points”, through which a fourth of the oil for global consumption and ...