Rachel Reeves admitted a 10 per cent spike in oil and gas costs and threats by Tehran to close the Straits of Hormuz was a ...

Iran shares the South Pars gas field with Qatar. Striking it would mark a major escalation in the conflict, which had already pushed oil prices up 9% on Friday ...

Iran has been forced to partially shut operations at the South Pars gas field after a fire caused by an Israeli air strike.

Israel launched a fresh wave of strikes on Iran yesterday, reportedly targeting the Ministry of Defence, nuclear headquarters, nuclear laboratories and oil facilities ...

Israel and Iran have continued to trade heavy missile strikes overnight as Donald Trump threatens to respond 'at levels never ...

Some in Tehran are threatening to close the Strait of Hormuz, which around 20 per cent of oil passes through on a daily basis.

Middle Eastern markets dropped on Sunday as investors signaled growing concerns of a wider conflict amid tit-for-tat attacks by Israel and Iran.

The Indian stock market braces for a volatile week as geopolitical tensions between Iran and Israel rattle glo ...

A sharp rise in global oil prices following Israeli strikes on Iran will benefit Russia and bolster its military capabilities ...

The strait, which is jointly controlled by Iran and Oman, is a vital artery for the world's fossil fuels. A fifth of all oil shipments pass through it, as ...

A sharp rise in global oil prices following Israeli strikes on Iran will benefit Russia and bolster its military capabilities ...

Trump's first multilateral summit of his second term, the G7, comes amid the backdrop of Israel and Iran on the brink of war, ...