US President Donald Trump has explained his decision to reject Iran’s latest proposal to reopen the Strait of Hormuz, saying Tehran was seeking an agreement because...
The persistent war between the United States and Iran, and the recent attacks on Saudi Arabia’s oil infrastructure continue to mount pressure on the global crude...
Saudi Arabian shares fell in early trading on Sunday after drone strikes targeted the kingdom’s vital East-West crude oil pipeline, raising fresh concerns over regional oil...
A fresh report of an attack on a vessel in the Strait of Hormuz has intensified fears over global oil supplies, as escalating attacks across the...
Iran has signalled that withdrawing from the Nuclear Non-Proliferation Treaty (NPT) and revising its nuclear doctrine are possible options, with a senior parliamentary spokesman describing both...
An Iranian commercial vessel was struck early Sunday off Qeshm Island near the Strait of Hormuz, killing one person and injuring three others, according to Iranian...
Saudi Arabia’s temporary shutdown of its major East-West oil pipeline after a drone attack could trigger fresh pressure on the global economy, with countries across Asia,...
BRICS leaders have called for “maximum restraint” and urged an end to further escalation in the Middle East as the United States and Iran resume tit-for-tat...
Goldman Sachs has predicted that oil prices could surge to as much as $120 per barrel if attacks on ships in the Middle East intensify. The...
Iran and the United States have exchanged fresh attacks in the Middle East, deepening their six-month-old conflict and raising fears of a wider disruption to global...
