U.S. formally allows temporary purchases of Russian oil. Iran's new Supreme Leader says Strait must remain closed. Oil prices ...
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JPMorgan's APAC Chief Market Strategist Tai Hui says that the China market will be less affected by the Iran war than other ...
The U.S. allows purchases of Russian oil already stranded at sea. Measure aimed at stabilizing energy markets amid rising ...
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Iran's new Supreme Leader Mojtaba Khamenei said in a late Thursday speech that the Strait of Hormuz, a vital artery for global oil trade, should remain shut.
A surge in jet fuel prices is already rattling the airline industry, driving up fares and is expected to hit financial ...