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

As deep tensions in the Middle East set in, local fuel price recoveries are suffering from the resultant surge in global oil ...

Amid mounting pressure, Iran has repeated its long-standing threat: to close the Strait of Hormuz. This narrow waterway, just ...

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

“Much has to do with the Strait of Hormuz, as 30% of all LPG is passing through the choke-point. With increased tensions in ...

Iran is predominantly Shia Muslim, making up about 90 percent of the population, while Sunni Muslims and other Muslim sects ...

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 ...

According to the newspaper, Iran has an opportunity to install mines in the Strait of Hormuz, which will leave US warships isolated in the Persian Gulf ...

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