Dated Brent surged to a two-month high of USD 75.19/b, marking the biggest single-day jump in oil prices in nearly five years, according to Platts, part of S&P Global Commodity Insights ...

An Iranian lawmaker said closure of the Strait of Hormuz, a critical chokepoint in the global energy trade, was under serious ...

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.