Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as ...

Trump calls for stepped-up oil production as Iran considers closing the Strait of Hormuz as further retaliation for U.S.

China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...

White House warned Iran against closing the Strait of Hormuz in retaliation for US strikes on Iran’s nuclear programme.

Russia’s crude exports slid to the lowest since mid-April as maintenance work interrupted loadings at a key Pacific port ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

Iran's parliament reportedly voted to close the Strait of Hormuz on Sunday, while the country's foreign minister said it ...

US President Donald Trump announced a ceasefire between Iran and Israel late on Monday, bringing an end to 12 days of ...

The dramatic escalation in tensions between Israel and Iran caused a spike in the price of crude and raised fears among oil ...

Industry experts warn Israel-Iran conflict could push oil to $120 per barrel if shipments through the Strait of Hormuz are ...

President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile following U.S. strikes on Iranian nuclear facilities WASHINGTON ...

News / Politics Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane President Donald Trump is calling for the U.S. and other oil-producing ...