Oil prices are dropping further, and stocks are rallying worldwide on hopes that Israel’s war with Iran will not damage the ...

CNN’s Erin Burnett reports from the United Arab Emirates as a ceasefire is set to begin after days of hostilities between ...

The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

Naval forces in the Middle East warned that ships, especially U.S.-linked ones, could be at heightened risk after the U.S.

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...

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 ...

The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...

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

China, heavily dependent on Middle East oil, has tried to cast itself as a peacemaker. But in the Israel-Iran war, Washington ...

Oil prices have shown more volatility, rising from $61 at the beginning of the month on the threat of conflict, then jumped ...