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The Strait of Hormuz handles around 20 million barrels of crude oil per day — nearly one-fifth of global daily consumption. A ...
The United States launched targeted strikes on three Iranian nuclear facilities, escalating Middle East tensions, prompting fears of soaring oil prices and drawing sharp reactions globally.
The U.S. entry into Israel’s war with airstrikes on Iran may prompt Tehran to activate its full military and regional ...
The United States on Sunday targeted three nuclear sites in Iran, as it intervened in the ongoing conflict between the Islamic Republic and Israel and triggered fears of dangerous escalation of ...
A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and ...
Economists are particularly concerned about the potential inflationary impact of rising oil prices, which could dampen ...
Iran’s foreign minister had previously warned that a U.S. decision to join Israel’s war against Iran would be “extremely ...
Among the most high-risk targets is the US Navy's 5th Fleet Headquarters located in Mina Salman, Bahrain, which could serve as a focal point for Iranian attacks.
The attack by the US on Iranian nuclear sites will be met with strong response, the Iran's top leadership said after three of its nuclear programme sites were hit by America. A close aide of Iran's ...
Eyes would be on whether Iran would try to close the Strait of Hormuz and attack US military facilities in the Gulf.
A surge in crude oil prices is a negative for India's oil marketing companies, HPCL, BPCL, Indian Oil and its units, along ...
President Donald Trump took the U.S. into war with Iran on Saturday, raising the specter that the nation would return to the ...