Analysts believe that a major supply disruption, such as the closure of the Strait of Hormuz, remains unlikely.

Oil prices climbed this week as tensions in the Middle East escalated. A jump in oil prices automatically spurs fear of a ...

A blockade of the Strait of Hormuz would be particularly alarming for India since it’s the route it uses to get oil from Iraq ...

Israeli and US officials have indicated Iran's oil facilities could be a potential target in retaliation for its massive ...

An about 20% rise in the global price of a barrel of oil is predicted if Israel launches missile attacks against Iranian oil fields.

Opportunistic traders during major world events have a significant impact on oil prices. Read more at straitstimes.com.

The Saudi stock market is wobbling after a summer rally, with the Riyadh bourse enduring its worst fourth-quarter start in ...

Crude prices notched their biggest weekly rises in almost two years as traders speculated that Israel or Iran could strike ...

Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch ...

The Nigerian currency, the naira, rose in the official and parallel markets on Friday, October 4, 2024, following the ...

The potential for a regional war will hinge on whether Israel calculates that a strong response is necessary to deter future ...

Don't assume "an eye for an eye" response as Israel contemplates its next move against Iran and its proxies, with a top ...