As Washington deepens its military involvement in the Middle East, China is watching closely for both economic fallout and ...

Europe is most at risk. It could lose 30 bcm of LNG, says OIES, leading to another sharp jump in prices, to $29 per mmbtu, and higher in central and eastern Europe. “Clearly, another price shock ...

I ran threatened to close the Strait of Hormuz, in what would serve as another act of retaliation, after the U.S. launched strikes on three key Iranian nuclear facilities over the ...

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any ...

The chemical tanker Kohzan Maru was sailing towards the strait before changing course to remain in the Gulf of Oman. The oil tanker Red Ruby and chemical carrier Marie C were also sailing towards the ...

Americans could see modest increases in the prices they pay at the pump in the wake of increasing conflict with Iran, analysts say. Andrew Lipow, president of consulting firm Lipow Oil Associates, ...

"Even taking into account that earlier, Trump emphasized his unwillingness to include Russia in the mediating group on Iran, Moscow can pacify Tehran and hold it back from excessive strikes on US ...

The People’s Bank of China (PBOC) said in a statement on Tuesday that it will increase support for the real economy.

China has been diversifying its sources for oil imports well before the current Middle East tensions.

While Iran's arch-rival Israel would remain unaffected by such a closure, closure would end up hurting Iran's oil trade as well as those of friendly countries, writes .

As one of the world’s most important shipping routes, the Strait of Hormuz has long been a strategic focal point — from the ...

Oil prices have fallen to $70 per barrel following Iran's missile strike against the US, signaling a potential de-escalation in Middle Eastern tensions while risks to global energy supplies persist.