Iran’s parliament has approved potential closure of Strait of Hormuz in response to US strikes on Iranian nuclear sites, but ...

If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.

Strategically, Iran may be more inclined to threaten or harass shipping in the strait through mine-laying, boarding ...

Closing the Strait of Hormuz is one of the ways Iran could retaliate after the U.S. bombed three of the country’s nuclear ...

American leader touts 'great honor to make this happen' as Beijing backs Tehran's commitment to safeguarding 'its sovereignty ...

Abu-Mawashi said the troops rescued 5,365 kidnapped victims and recovered a large cache of arms and ammunition in various ...

U.S. crude oil production hit a record 13.47 million barrels-per-day in April, up from 13.45 million bpd in March, according ...

U.S. crude oil production surged to an all-time high of 13.24 million barrels per day (bpd) in April, according to newly ...

U.S. crude oil inventories posted a fifth straight weekly decline, falling by 5.8 million barrels, compared to expectations ...

Crude oil's sharp reversal of the Israel-Iran war premium shows the power of a few words from a key player to move the market ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell again, this time by ...

Crude oil stocks, not including the SPR, stood at 415.1 million barrels on June 20, the EIA's latest weekly petroleum status ...