Oil prices have slumped. A barrel of U.S. crude fell 6% to around $64, and Brent Crude, the international standard, had a similar drop.

After President Donald Trump authorized a military strike at three of Iran's nuclear sites, Americans have many questions.

China is closely watching whether Israel and Iran can broker a ceasefire. Beijing gets much of its crude oil imports from ...

Gas prices have jumped over the last week, but experts say there’s a reason the summer rise is happening earlier than usual.

A longtime friend of Tehran, Beijing jumped into verbal action when Israel attacked Iran nearly two weeks ago. It condemned ...

Iran threatened to close the Strait of Hormuz, in what would serve as another act of retaliation, after the U.S. launched strikes on three key Iranian nuclear facilities over the weekend. While there ...

China has been diversifying its sources for oil imports well before the current Middle East tensions.

The potential closure of the strait raises a difficult question for Indo-Pacific policymakers: how can states shield ...

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 ...

Iran has threatened to close the Strait of Hormuz, a passage for roughly 20% of the world’s petroleum. Many view the scenario ...

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