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Middle Eastern markets dropped on Sunday as investors signaled growing concerns of a wider conflict amid tit-for-tat attacks ...
The chancellor called for de-escalation in the Middle East, and warned of the domestic impact of rising oil prices and the ...
Some in Tehran are threatening to close the Strait of Hormuz, which around 20 per cent of oil passes through on a daily basis.
Rachel Reeves admitted a 10 per cent spike in oil and gas costs and threats by Tehran to close the Straits of Hormuz was a ...
A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost ...
Stocks declined as oil prices skyrocketed on Friday, June 13, after Israel attacked Iran, one of the largest oil producers in ...
EDITOR: For those of you who have children, I want you to close your eyes and imagine your 8-year-old girl, or 10-year-old ...
The Israeli military warned Iranians living near nuclear reactors to evacuate, while Prime Minister Benjamin Netanyahu said ...
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Global fuel prices have started to surge in the wake of the Iran-Israel conflict, with Brent crude futures rising 9.07% or $6.29 to reach $75.65 per barrel. At one point, prices peaked at $78.50 per ...
Continuation of the conflict in the region and closing of the Strait of Ormuz may lead to serious economic shocks, Deputy Prime Minister and Foreign Minister of Iraq Fuad Hussein said ...