Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe imports oil and ...

It’s often forgotten that the Reserve Bank has two mandates: price stability and the stability of SA’s financial system. Its ...

US airstrikes on Iran raise fears of an oil supply shock and global inflation spike. Here’s what Trump’s latest move means ...

President Donald Trump has claimed he took a nuclear bomb “right out of Iran’s hands” after launching airstrikes on Tehran’s nuclear facilities.Seven US stealth bombers dropped 14 30,000-pound ...

Strait of Hormuz to be closed? The US has reached out to China to dissuade Iran to not shut the strait, calling it "economic ...

Iran's top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, ...

However, India has diversified its oil sources by increasing imports from Russia as well as the US and building resilience ...

Oil futures jumped more than 2% at the start of the first trading session since the U.S. launched direct attacks against Iran ...

Tehran could disrupt vital exports of oil and gas from the region, but history tells us that any disruption would likely be ...

A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and ...