The latest oil price rally showed no sign of stopping in early Asian trading on Thursday, with both benchmarks climbing to their highest levels in more than six

In stock news, Alphabet beat on revenue but raised its AI spending forecast again, sending its stock lower after hours.

The international benchmark Brent crude rose almost 5% to hit more than $95 per barrel for the first time in almost six weeks.

Oil prices rose Thursday to their highest level since early June after the latest Iran war escalation threatened severe new disruption to global supplies.

The Houthis claimed to have attacked two ships in the Red Sea, and Iran said a third caught fire near the Strait of Hormuz.

Yemen's Houthis said they had targeted two Saudi oil tankers with drones and missiles for allegedly violating its maritime blockade.

Oil prices continued to climb in early Asian trade on Wednesday as the renewed hostilities between the United States and Iran showed no signs of slowing. At the

The impact of the war between the United States and Iran on oil-importing nations in Asia could last years or even decades because of these countries’ heavy dep

The price of oil surged nearly 5% on Wednesday as U.S. officials talked down the chance of new peace talks after an 11th straight night of strikes on Iran and w

Goldman Sachs warns Brent crude price could jump to $120 if Strait of Hormuz remains ‘disrupted’

Heatwaves and bidding war with Asian buyers leave market vulnerable to Strait of Hormuz disruption

As rising fuel costs clobber their economies, the Philippines and other developing countries in Asia are pushing to build strategic petroleum reserves to cushio

Saudi Arabia has diverted huge amounts of oil to the Red Sea since the Iran war began, but now the Iranian-backed Houthi militants say that they intend to block

West Texas Intermediate and Brent crude’s front-month contracts rose almost 4% on Wednesday after an 11th night of attacks in Iran.

The U.S. has launched strikes against Iran for 11 consecutive days, citing a need to "degrade Iran's ability to threaten commercial shipping."

Brent crude briefly topped $95 a barrel Wednesday after an 11th consecutive night of U.S. strikes against Iran, with Fed rate hike odds climbing

US equity futures were lower pre-bell Wednesday as oil prices rose following US Secretary of State M

The global oil market is much more exposed to the latest re-escalation in the Middle East, as most of the buffers that cushioned the initial shock of the Iran w

Even before the 30-day mark was reached in the 60-day negotiating process that would see the 14-point memorandum of understanding (MOU) agreed between Washingto

Crude oil prices reversed their climb this morning, retreating on reports that efforts are being made to negotiate another ceasefire between the United States a