Crude oil may not sustain above $80/bbl despite Middle East tensions, say brokerages, citing factors like OPEC's spare ...

According to Ali Yazdihah, "Iran allows free navigation in the Persian Gulf and the Strait of Hormuz as long as its vital interests are not at risk" ...

Iranian parliament National Security Committee head Behnam Saeedi said closing the key waterway — where roughly a third of ...

The Middle East is teetering on the edge of a broad regional war. On June 12, Israel began a sustained bombing campaign ...

Strait of Hormuz - the narrow but strategically vital waterway through a fifth of world's oil and gas transits and is supply lane for more than a third of India's energy need - has never been shut and ...

Conflict threatens key global trade route - The ongoing conflict between Israel and Iran could plunge the entire global economy into recession. Iran controls access to the Strait of Hormuz, one of the ...

If Iran decides to block the Strait of Hormuz, it will have far-reaching implications for the global economy, one expert has warned.

"Decisions on how to retaliate to enemies will be made while taking the circumstances into account," Behnam Saeedi said ...

Iran has threatened to close the Strait of Hormuz in response to attacks by Israel. Nearly 20% of global oil and 30% of global LNG passes through the Strait of Hormuz. This is a developing story.

After barrage hits hospital and multiple cities, defense minister says eliminating Iran's supreme leader in line with war's ...

"Our economy is unproductive, import-dependent, and almost entirely externally controlled," said Samir Abu Mudallala, ...

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