Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

President Ferdinand "Bongbong" Marcos Jr. on Wednesday said that the government is preparing to roll out fuel subsidies in response to the expected ...

US stock futures fell as investors braced for ongoing Israel-Iran hostilities that could draw in the US, along with the ...

Israel and Iran continued to exchange air strikes on Wednesday while the US moved fighter jets to the region. View on ...

The UAE's energy ministry said a collision between two oil tankers near the Strait of Hormuz was likely caused by a ...

OIL prices eased in Asian trade on Wednesday, after a gain of 4% from the previous session, as markets weighed the chance of ...

A furious Tehran went on the attack on Thursday evening, threatening to unleash financial and military chaos across the ...

Thick black smoke can be seen pouring from the blazing ship, which is believed to be a “dark fleet” oil tanker which had been making its way through the Persian Gulf ...

The naira maintained its bullish momentum at the unofficial market as it cracked below the N1600/$ resistance line, while the ...

Asian shares are mixed and oil prices have dropped Wednesday as investors calmed from the jitters of conflict in the Middle East. Japan reported that its exports fell in May ...

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