Iran is OPEC's third-largest producer extracting about 3.3 million barrels per day (bpd) of crude oil, but spare capacity ...

Tensions between Iran and Israel have driven crude oil prices up, with WTI and Brent crude reaching their highest levels ...

The escalation of the war in the Middle East is also causing reactions in financial markets, which will affect the lives of ...

Analysts said the market was largely worried about supply disruptions in the Strait of Hormuz, which carries a fifth of the ...

Oil prices climbed in early Wednesday trading, extending gains from the previous session as geopolitical tensions between ...

U.S. President Donald Trump on Tuesday called for Iran's "unconditional surrender" as the Iran-Israel air war entered a sixth ...

Crude oil prices remain elevated even after pulling back from the 5-month high hit on Friday. Explore the top targets to ...

President Donald Trump described the ongoing conflict between Israel and Iran as "painful for both parties," but asserted that Iran is not winning.

In 2024, an average of 20 million barrels of oil per day, or about 20% of global petroleum liquids consumption, flowed through the Strait of Hormuz, a crucial oil chokepoint located between Oman and ...

Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...

Gas prices rose in Northwest Indiana as a result of the conflict in the Middle East, but are not expected to spike much ...

President Trump has thus been politically wise to sit out the war. Trump needs no Crassus-style quest for Middle Eastern ...