Iran's top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday.

Oil prices dropped in Tuesday trading, as traders have learned that "no wars will stop the flow of oil," said Manish Raj, ...

Following Iranian strikes on the U.S. Al Udeid Air Base and Tuesday's shaky ceasefire between Israel and Iran, the future of ...

China has been diversifying its sources for oil imports well before the current Middle East tensions.

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...

Iran has threatened to close the Strait of Hormuz, in what would serve as another act of retaliation after the U.S. launched ...

The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...

A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport ...

Despite fears about how oil shipments could be affected if Iran targets tanker traffic moving through the Strait of Hormuz, ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

Energy Secretary Chris Wright discusses President Trump's directive to 'drill, baby, drill' as Iran threatens to blockade the ...