A prominent adviser to Ayatollah Ali Khamenei, Iran’s supreme leader, has already called for the closure of the Strait. A ...

India relies on diversified energy sourcing and could restrict exports of any refined petroleum product in case of domestic ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

WASHINGTON (AP) — President Donald Trump on Monday declared the “12 day war” between Israel and Iran was set to end in a ...

Gas prices, already a burden for many, could rise again—this time due to growing instability in the Middle East. According to ...

"If things continue to escalate in the Middle East, then certainly that will likely have an impact on oil supply, as well as the logistics of getting oil to other countries ... Typically, as crude oil ...

Oil futures extended losses late Monday after President Trump announced a ceasefire timeline for the Israel-Iran conflict. West Texas Intermediate (CL=F) fell about 4% to trade near $66 per barrel, ...

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...

By The Associated Press White House press secretary Karoline Leavitt told ABC News on Monday morning that Iran was an ...