The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

President Ferdinand "Bongbong" Marcos Jr. on Wednesday said that the government is preparing to roll out fuel subsidies in response to the expected ...

Israel and Iran continued to exchange air strikes on Wednesday while the US moved fighter jets to the region. View on ...