Oil prices surge as US implements blockade of Strait due to failed talks with Iran. Brent climbs 8% despite the White House's ...

Oil surged nearly 8% and US equity futures fell around 1%; dollar rose amid tensions with Iran over Strait of Hormuz blockade ...

Wary investors anticipate further escalation, threatening market volatility as peace talks fail.US to blockade Strait of ...

The president also widened his threat to international waters, saying the US Navy would interdict any vessel that had paid ...

The dollar is expected to rise on Monday, after falling 1.4% last week, along with oil prices, analysts said. Equities ...

The 863-unit project by Hong Leong, GuocoLand and CSC Land marks the first private residential development with retail ...

A third VLCC, Mombasa B, was sailing ahead and made its way between Larak and Qeshm islands, an Iran-approved route into the ...

The UK government will set out plans to boost the competitiveness of businesses at a time of rising energy bills, Chancellor ...

Khurais produces the type of light crude that Aramco had been pumping through the East-West pipeline, while Manifa and Aramco ...

Grocery prices may immediately rise 3% to 4% as higher fuel and fertiliser costs linked to the conflict feed through the ...

Many goods are made in Asia and exported to Japan, and so securing the crude oil needed to supply these is critical.

Vitol as a whole has made a profit for both March and the first quarter, said a person familiar with the matter.