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A prominent adviser to Ayatollah Ali Khamenei, Iran’s supreme leader, has already called for the closure of the Strait. A ...
Futures on Wall Street jumped after a positive overnight session as US President Donald Trump announced ceasefire timelines ...
U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...
The all-caps post came hours after weekend bombings in Iran rattled oil markets and reignited fears of rising fuel costs.
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 ...
If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday afternoon in an historical move as traders ...
Disruption to the Strait of Hormuz could cause oil prices to soar above $100 per barrel, according to one estimate.
The U.S. bombed Iran’s nuclear sites on Saturday. The move came days after Israel attacked Iran while the country was ...
President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices ...
The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran.
The calming in the oil market came as several analysts said Iran would likely refrain from closing the waterway. Iran itself ...