Iran has threatened to close the Strait of Hormuz in response to attacks by Israel. Nearly 20% of global oil and 30% of global LNG passes through the Strait of Hormuz. This is a developing story.

Greenpeace has warned of a “potential environmental disaster” after two oil tankers collided near the Strait of Hormuz.

Union minister Hardeep Singh Puri said it will be a cause for worry if the Strait of Hormuz is closed or choked as India ...

As a net importer of crude, India faces mounting risks from rising oil prices — with potential implications for its economy, ...

According to Iran's Mehr news agency, a member of the Iranian Parliament National Security Committee presidium Behnam Saeedi said that Iran has many options to respond to aggression, including closing ...

The conflict between Israel and Iran has reached an unprecedented level, with verbal threats and aerial engagement with ...

Setia said that it’s too early to comment on the full price impact. "So far, ocean freight rates haven’t increased, but we ...

Rising oil and gas prices are bad news for the US and, above all, the EU. Despite calls for restraint, European powers ...

Prime Minister Datuk Seri Anwar Ibrahim said the government would not raise the price of RON95 petrol following the increase ...

Greenpeace on Thursday warned that an oil spill resulting from a tanker collision off the coast of the United Arab Emirates could ...