The new U.S. strikes on missile sites and boats in southern Iran are further clouding the market view of how the nearly three-month-long crisis will unfold. Oil

Oil major names Ian Tyler as interim chair

Optimism for a resolution to the conflict and the reopening of the Strait of Hormuz was checked after the United States said it had carried out strikes on missi

The British oil group said that Albert Manifold had been removed, after concerns were raised “related to important governance standards, oversight and conduct.”

Global oil prices were creeping back toward the $100 a barrel mark on Tuesday.

Oil prices plunged in early Asian trade on Monday following reports over the weekend that a deal to reopen the Strait of Hormuz was in its final stages. At the

India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of

Sinopec’s Jiyang shale oil base in Shandong province has ramped up output in recent months, raising Chinese shale production and domestic resources and output a

Oil traders don't want to think about the worst-case scenario and lap up every word of U.S. President Donald Trump about a potential deal with Iran, but the mar

Oil prices were sharply lower on Monday following comments by President Donald Trump that diplomatic negotiations with Iran are advancing, easing market fears o

Oil’s 5% drop on potential Strait of Hormuz reopening boosted Asian equities and supported crypto sentiment.

Without the details of a formal agreement, it is unclear how soon normal shipping will resume and when oil prices will start to come down.

The cost of crude hit a one-month low and S&P 500 futures were up as investors assessed the prospects for a lasting peace deal.

Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending

Medical supply company Gentell sources raw materials from around the world, and the crisis at the Strait of Hormuz is causing volatility for its business.

Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.

Japan’s Nikkei 225 breached 65,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.

Norway, well known for its oil and gas production, has ramped up its fossil fuel output in recent weeks to fill the gap following the closure of the Strait of H

A shortage of naphtha, stemming from the blockade of the Strait of Hormuz, is disrupting manufacturing and retail goods in Japan and South Korea.