The decrease in retail spending was driven by a steep decline in car sales, just two months after consumers rushed to make ...

Citing the assessment of DOE Officer-in-Charge (OIC) Sharon S. Garin, Castro said the government expects fuel prices to rise if oil tankers passing through the Strait of Hormuz will face disruptions. ...

Investing.com -- Escalating tensions between Iran and Israel have pushed oil prices higher as markets react to potential disruptions in the strategically vital Strait of Hormuz, through which ...

Another area of concern is the rupee. A weaker rupee would increase import costs if crude oil prices rise. This is where the ...

The US president said he had not reached out to Iran to try and end the conflict as both sides prepared for another day of missile strikes.

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and military commanders during the start of a prolonged operation to prevent Tehran ...