Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

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 ...

Any retaliatory action by Iran, whether it’s direct attacks on U.S. assets or closing the strait, would invite a response ...

On Sunday, the Iranian parliament approved a measure to close the Strait of Hormuz in retaliation for U.S. airstrikes on its ...

Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world's most important crude ...

Following the U.S.’s attack on three nuclear sites in Iran on Saturday, fears grew that the country would disrupt oil trade and cause prices to soar.

Analysts with ING financial group outlined four possible avenues for Iran: full escalation that also draws in other nations ...

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

China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...

China called for stability for shipping routes in the Middle East after Iran said Sunday its parliament voted to close the ...