As US airstrikes hit Iranian nuclear sites, Tehran threatens to block the Strait of Hormuz—choking a fifth of global oil and ...

This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, ...

Singapore/London: At least two supertankers made U-turns near the Strait of Hormuz following US military strikes on Iran, ...

The cost of crude dropped sharply, having jumped to a five-month high on Monday, while the FTSE 100 Index was also making ...

With summer road travel in full swing and a holiday weekend around the bend, prices at the pump are bound to creep up as a result of increased demand.