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 ...

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

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 ...

The U.S. Energy Information Administration's latest short term energy outlook sees U.S. crude oil production rising this year ...

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

Commercial crude stocks are seen falling by 1.7 million barrels to 413.4 million barrels in the week ended June 27, according to the average estimate of nine analysts and traders. Six expect a decline ...

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