Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

Oil prices eased in Asian trade on Wednesday, after a gain of 4% in the previous session, as markets weighed the chance of ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...

Iran could easily choke off Hormuz Strait - just sinking a few ships and oil tankers with missile or drone attacks could do ...

Crude oil prices continue to face upward pressure as the conflict between Israel and Iran continues, raising concerns about oil supply disruptions from the Middle East.

Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...

Iran is reportedly considering closing the Strait of Hormuz, a critical global oil chokepoint, as tensions with Israel ...

Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...

About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...

Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and ...

Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...