2 w. ago What is the Strait of Hormuz, and what would it mean for Iran to close it?

The narrow body of water handles a large percentage of the world's oil tanker travel, so its fortunes are closely tied to the price of gas

Other

2 w. ago Emerging Assets Drop as US Strike on Iran Fans Worries About Oil

Asian currencies and stocks fell at the start of the week, as US strikes on Iran rattled investors and pushed up the price of oil.

Sport

3 w. ago EU Abandons Proposal to Lower Price Cap on Russian Oil to $45

The European Union shelved a plan for a stricter price cap on Russian oil exports over concerns that the US won’t back tougher sanctions due to rising crude prices.

Economics

3 w. ago China’s Record Oil Stockpile Offers Buffer as Iran Crisis Builds

Oil refiners in China — the largest takers of Iranian crude — are unfazed for now about the possibility of interruptions to Middle Eastern supplies given the nation has a record stockpile that provides a temporary buffer.

Economics

3 w. ago Oil price hike ‘astronomical’ if Iran’s crude hit: Rory Johnston

Watch: How political instability in the Middle East could affect oil prices

Economics

3 w. ago ECB Should Watch Oil Price, Euro in Setting Rates, Villeroy Says

The European Central Bank needs to assess fluctuations in oil prices and the euro as it sets borrowing costs, according to Governing Council member Francois Villeroy de Galhau.

Economics

3 w. ago EU Faces Struggle to Cut Russia Oil Price Cap on Mideast Risk

The European Union faces an uphill struggle to lower the Russian oil price cap after US opposition at the Group of Seven summit and a crude price spike driven by Iran-Israel tensions.

Economics

3 w. ago Oil Traders Brace for Turmoil as Iran Crisis Imperils Supply

Oil-watchers are bracing for a further price rally after Israeli strikes on Iranian energy assets heightened the risk to Middle East supplies.

Economics

4 w. ago Canadian and U.S. stocks down after Israeli attacks on Iran, price of oil jumps

TORONTO — Canada’s main stock index closed down along with U.S. markets Friday as investors turned cautious following Israeli attacks on Iranian nuclear and military targets. The attacks, which prompted Iran to fire missiles at Israel in retaliation, raised fears the conflict could escalate further and led to a spike in the price of oil. […]

Economics

4 w. ago Crude Oil Spikes as Israel Carries Out Airstrikes Against Iran

Oil surged after Israel carried out airstrikes against targets in Iran, raising fears of fresh confrontations in a region that accounts for a third of global crude production.

Transport

4 w. ago Oil Spikes as Israeli Attacks on Iran Stoke Confrontation Fears

Oil surged after Israel carried out a wave of military strikes against targets in Iran, raising fears of fresh confrontations across a region that accounts for a third of global crude production.

Events