The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...

U.S. investors on Friday sought refuge in safe-haven assets like the dollar and gold, as oil prices surged after Iran ...

Iran and Israel have traded a fresh round of rocket fire, as United States President Donald Trump calls for an end to the ...

Oil prices rallied over 7% today after Israeli airstrikes on Iran. This elevated geopolitical uncertainty and requires the ...

Sir Keir Starmer has warned that this week’s explosive developments in the Middle East will deal a blow to the cost of living ...

Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more ...

Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional ...

Oil prices settled slightly lower on Thursday as traders booked profits from a 4% rally in the prior session, driven by ...

The Indian rupee is expected to slip past 86 to the U.S. dollar at the open on Friday, hit by surging oil prices and sliding ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

The State Department ordered all nonessential staff to leave the U.S. Embassy in Baghdad and authorized the departure of ...