Iran's president says sanctions are hitting imports and exports, as its supreme leader urges less reliance on the U.S. dollar.

Prices have hardly budged where it counts for consumers, courtesy of Trump’s tariffs and the Iran war.

Crude oil prices were on course to book another weekly loss despite no sign of any progress being made towards peace between Iran and the United States. At the

Oil volumes moving out of the Persian Gulf have recovered to about two-thirds of the typical levels from before the Iran war, Goldman Sachs says, noting that th

The war with Iran has handed Russia a strategic advantage in Ukraine. Washington is burning through the weapons Europe needs to deter Russia, moving military ca

Beijing has threatened to retaliate with ‘all necessary measures’ if the US hits it with sanctions

Oil companies and governments are consuming their once vast stockpiles as Iran and the United States continue to struggle for control over the Strait of Hormuz.

How markets have moved six months into the war, and where they might be headed in the future.

The war has far exceeded the four to six weeks the Trump administration estimated it would take to meet its objectives in Iran.

Iran said the conflict in the Gaza Strip has to end, Israel has to withdraw from Lebanon and also halt its attacks on Syria.

Brent crude futures dropped for a third session as Iran and Oman advanced plans for a temporary maritime corridor through the Strait of Hormuz. Brent tumbled to

Oil prices tumbled as headlines from the Middle East renewed optimism in global energy markets, and muted fears of a Russian escalation in Ukraine.

The Prime Minister of U.S.-ally Qatar is in Iran for talks on Thursday as part of efforts to "de-escalate tensions" between Tehran and Washington.

As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and Israeli attacks, and China maintains its involvemen

Crude oil prices dipped earlier today following news reports about Iran and Oman renewing their talks about joint management of the Strait of Hormuz, as those r

Three Indian refining companies and “a global energy major” will stop using tankers included in a black list that Iran issued earlier on Sunday in response to U

Vessel traffic at the Strait of Hormuz remains well below recent averages as Iran and Oman discuss a temporary shipping corridor in the key chokepoint that coul

Six months since the Iran war crippled Qatar’s LNG exports via the Strait of Hormuz, the world’s second-largest liquefied natural gas exporter has lost $24 bill

The pretence that America’s leader is a grand strategist will not survive the Iran fiasco

The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refinerie