Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...

Poll: 60% of US voters oppose military involvement in Israel-Iran war; experts warn prolonged conflict may raise oil prices, ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...

About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...

Iran could easily choke off Hormuz Strait - just sinking a few ships and oil tankers with missile or drone attacks could do ...

Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...

Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...

Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.

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

Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and ...