Gard says charterparty signed before the June 13 Iran-Israel escalation may offer shipowners a firmer legal footing to reject transits through Hormuz, especially if threats intensify.

Iran is OPEC's third-largest producer, extracting about 3.3 million barrels per day (bpd) of crude oil. But more crucially, about 19 million bpd of oil and oil products move through the key Strait of ...

The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

Gas prices across the region have spiked in the past few days, and they could rise 30 cents more before July Fourth.

U.S. gas prices are likely to climb higher, starting this week, as the conflict between Israel and Iran intensifies.

While Israel and Iran have engaged in a covert conflict for many years, the current situation marks a pivotal escalation, particularly as energy infrastructure has now come ...

The U.S. Embassy in Israel is working to evacuate American citizens trying to leave Israel amid its war with Iran.

The recent military clash between Iran and Israel has sent shockwaves through global energy markets, causing oil prices to ...

Gas prices in New Jersey are on the rise, spiking seven cents in the past week due to tensions in the Middle East, with ...

Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...

As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait ...