The US and Israel launched a joint operation at Iran on Saturday morning. Iran retaliated as it had threatened, with ...

Perpetual swap futures, a type of futures contract that does not expire, tied to oil jumped about 5% to $70.6 per barrel on ...

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Several tanker owners, oil majors and trading houses have suspended crude oil, fuel and liquefied natural gas shipments via the Strait of Hormuz after the U.S. and Israel ...

After the US and Israel struck Iran with a series of air strikes on Saturday, triggering immediate retaliation, oil prices could jump by $10 to $20 or more.

The Islamic Republic itself pumps about 3.3 million barrels a day, or 3% of global output, making it the fourth-largest producer in OPEC. Iran sits on one side of the Strait of Hormuz, the shipping ...

By Dhara Ranasinghe and Hadeel Al Sayegh LONDON/ABU DHABI, Feb 28 (Reuters) - The United States and Israel launched strikes on Iran on Saturday, targeting its leadership and plunging the Middle East ...