DUBAI/COPENHAGEN: Two oil tankers collided and caught fire on Tuesday (Jun 17) near the Strait of Hormuz, where electronic ...

India does not buy significant oil from Iran, but it could still impact India. Israel has been consistently hitting the oil ...

Iran could easily choke off Hormuz Strait - just sinking a few ships and oil tankers with missile or drone attacks could do ...

However, Tony Sycamore, a market analyst at IG, said that ongoing tensions in the Middle East and the risk of slowing global ...

Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.

Iran is OPEC's third-largest producer extracting about 3.3 million barrels per day (bpd) of crude oil, but spare capacity ...

Disrupting maritime activity through the strait would thus severely impact oil and gas markets, pushing prices much higher, possibly into three-digit territory ...

Oil steadied after rallying around 10% since Israel started its attacks on Iran last week, as speculation the US may join the conflict stoked concerns about supply disruptions in the Middle East.

Asian shares were mixed and oil prices advanced Wednesday after the escalation of conflict in the Middle East hit Wall Street. US benchmark crude oil was up ...

Oil prices stabilised on Wednesday after a surge fueled by fears of escalating US-Iran conflict, triggered by President Trump ...

Oil prices climbed in Asia trading hours on Wednesday as the conflict between Israel and Iran intensified amid U.S. President ...

Discover how Israel-Iran tensions are driving oil prices and Australian energy stocks higher. Expert analysis on Santos, Woodside and Ampol.