The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...

Iran and Israel have traded a fresh round of rocket fire, as United States President Donald Trump calls for an end to the ...

Sir Keir Starmer has warned that this week’s explosive developments in the Middle East will deal a blow to the cost of living ...

Oil prices rallied over 7% today after Israeli airstrikes on Iran. This elevated geopolitical uncertainty and requires the ...

Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more ...

Oil prices settled slightly lower on Thursday as traders booked profits from a 4% rally in the prior session, driven by ...

President Donald Trump has repeatedly demanded the Federal Reserve slash interest rates. But Fed officials have stood pat, waiting to see how his administration’s sweeping policy changes affect the ...

Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional ...

The Indian rupee is expected to slip past 86 to the U.S. dollar at the open on Friday, hit by surging oil prices and sliding ...

Oil prices fell on Thursday after sharp gains in the previous session as market participants assessed a U.S. decision to move ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.