Global oil and gas prices have surged as the Iran war has brought the crucial Strait of Hormuz crossing to a halt.

Oil prices have soared more than14% this week as tanker traffic through the Strait of Hormuz has ground to a halt. European ...

The Strait of Hormuz, a waterway that runs alongside Iran and through which roughly 20 percent of the world's oil supply runs ...

CAIRO, March 2 (Reuters) - An Iranian Revolutionary Guards senior official said on Monday that the Strait of Hormuz is closed ...

Bandar Abbas fires rage at Iran's main naval headquarters following possible U.S.-Israeli strikes. President Donald Trump won ...

Global oil and gas shipping rates soared, with ​supertanker costs in the Middle East hitting all-time highs, as the U.S.-Iran ...

The war in the Mideast has effectively halted shipping through the Strait of Hormuz, threatening to push up gas prices and ...

Oil prices could move higher still if Iran targets Persian Gulf energy infrastructure and the Strait of Hormuz closure is ...

CAIRO, March 2 (Reuters) - Iran's Revolutionary ⁠Guards ⁠said a fuel ⁠tanker, identified as the Honduran-flagged Athe Nova, ...

While Iran's oil production is estimated to be less than 5% of global output — most of which goes to China because of U.S. sanctions — it has major influence over the Strait of Hormuz, a critical ...

A new threat from Iran tonight around the critical Strait of Hormuz, where much of the world’s oil passes through. NBC News’ Christine Romans has the implications for the price you pay at the pump.

One of the world’s most vital maritime arteries saw a 70 percent drop in vessel traffic.