Many Asian countries are taking emergency steps to deal with a growing fuel crisis after oil shipments were disrupted through the Strait of Hormuz. The crisis began after tensions and conflict involving the United... Read more »
The conflict in the Middle East grew more serious after Iran claimed responsibility for attacks on two oil tankers near Iraq. The blasts killed at least one crew member and forced rescue teams to save... Read more »
Tensions in the Middle East are rising after the United States said it destroyed several Iranian vessels near the Strait of Hormuz, while intelligence sources reported that **Iran has started placing sea mines in... Read more »
Global markets saw strong movements this week after U.S. President Donald Trump said the war with Iran may end soon. His comments caused big changes in oil prices and stock markets as investors watched... Read more »
Global oil prices have increased sharply as the war involving the United States and Iran creates fears of supply disruption. The situation has also slowed oil tanker traffic in the Strait of Hormuz, one of... Read more »