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If the conflict continues for long, the movement of merchant ships through routes such as Strait of Hormuz between Iran and UAE, and Red Sea would be affected.
Israel’s campaign, militarily and rhetorically, has quickly evolved beyond its initial targets. Over the weekend, it hit Iran ...
A flight price increase could be in the pipeline after Air India crash and escalation between Iran and Israel.
The Strait of Hormuz is the gateway to the Persian Gulf, where major oil-producing nations including Saudi Arabia, Qatar, ...
Iran is now considering closing the Strait of Hormuz amid the ongoing war with Israel. This crucial waterway sees a fifth of global oil shipments. Closure could disrupt the world economy and raise oil ...
In their fourth day of fighting, with no end in sight, ripples from the Israeli-Iranian conflict are beginning to rock global ...
"If the market senses that the attacks are coming to an end, prices will drop," said Andy Lipow, president of Lipow Oil Associates, said in a note on Monday morning. "In the meantime, gasoline prices ...
The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude ...
Insurers are bracing for heightened volatility in the Middle East following the abrupt redeployment of the USS Nimitz ...
While the world holds its collective breath as Israel and Iran trade missile strikes for a fourth day, there have been no ...
When tensions rise in the Middle East, it can be helpful to look at what is not happening as much as what is.In the crude oil ...