The global oil market is running out of options to keep prices from rising to new heights, experts say, with physical ...

When overseas standoffs dominate the news, the fallout usually ends up at the local gas pump. Now, a ticking clock is ...

The Strait of Hormuz – the narrow waterway through which between 20% and 25% of the world’s seaborne oil normally passes – has been been effectively closed for just over two months. The immediate ...

The UN has condemned the blockade as a violation of international law and an “extreme form” of economic coercion.