The Strait of Hormuz is the world’s most important oil choke point, with around 20% of the world’s oil flowing through it ...

"By making this adjustment, we observe that prices tend to stay high for a few months, generally 6 months (excluding the first Gulf War in 1990) or around 4 months (including the first Gulf War), ...

Oil prices fell on Friday, but remained on course for a third consecutive weekly rise, after the White House delayed a ...

Oil prices in the U.S. and the rest of the world were diverging Friday. That’s unusual, but the bigger picture is that prices ...

Commentators have warned the Iran-Israel conflict could set off World War 3, but markets have reacted with a shrug. Why?