Group says one of the tankers was operating below standards; vessels catch fire as Iran mulls closing strait as Israel ...

If the Strait of Hormuz is closed, much of the world could go without fuel. After the Israeli bombing that started on June 13, several Iranian politicians have suggested that the Strait should be ...

Iran and Israel both launched airstrikes on each other on Thursday (June 19) as the conflict enters into its seventh day.

After dipping to a four-year low before Memorial Day, gas prices may soon head in the opposite direction — and quickly — as ...

ING analysts highlighted that "almost a third of global seaborne oil trade moves through this chokepoint," and a "significant disruption to these flows would be enough to push prices to $120 (a barrel ...