The Iran Revolutionary Guards have insisted that the Strait of Hormuz will remain closed until Washington accepts "all" of Tehran's conditions, appearing to dampen...
Hormuz shipping traffic declined this week as markets monitored talks between Iran and Oman for signs of progress towards reopening the strategically important maritime...
Oil prices fell shortly after Asian markets opened on Monday following US President Donald Trump's announcement that new negotiations with Iran would begin during...
Rising Middle East oil prices are expected to have consequences far beyond higher fuel costs, with an economist warning of mounting inflationary pressures, possible interest rate...
