Trump uses an expletive as he criticises Israel and Iran after both sides accuse each other of breaking the ceasefire.

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 ...

"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 ...

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

Iran remains structurally reliant on the Strait of Hormuz. While it has an oil export terminal located outside the Persian ...

The real story of the recent exchange of fire between Israel and Iran is that the world really doesn't care. Let me qualify ...

The US president announced the ceasefire several hours ago, with both Israel and Iran launching overnight attacks before it ...

As US airstrikes hit Iranian nuclear sites, Tehran threatens to block the Strait of Hormuz—choking a fifth of global oil and ...

The Strait of Hormuz is vital for gas and oil exporters in the Gulf region, as this is the only route by sea to export large ...

The cost of crude dropped sharply, having jumped to a five-month high on Monday, while the FTSE 100 Index was also making ...