Country’s state TV says Iran would allow shipping in waterway and US would lift naval blockade under draft memorandum ...

Iran is claiming it shot down a U.S. drone as the world awaits news of progress in peace talks. CBS News' Charlie D'Agata ...

The dollar was little changed against the yen after Bank of Japan Gov. Kazuo Ueda refrained from giving any hints on the timing of the central bank’s next move at an international conference ...

Even if the war with Iran ends tomorrow, Americans will be feeling the impact when buying synthetic motor oil for quite some ...

Mojtaba Khamenei makes apparent posting on his Telegram channel saying that Gulf powers can no longer be a shield for US bases ...

A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first time ever, ship tracking service ​Kpler said.

War in the Middle East took a toll on Abercrombie & Fitch’s first-quarter bottom line and sales, but the profit picture ...

Japan's industry ministry will switch back to Dubai crude as the benchmark for gasoline subsidy calculations on June 4, after ...

Phillip Wool, Chief Research Officer at Rayliant Global Advisors, says investors need to 'look beyond what's happening now', ...

The Strait of Hormuz remains closed to most of the world's shipping vessels, exacerbating months of fears over fuel supplies.

True peace is not a static political treaty; it is a dynamic, evolutionary process that creates the conditions for human flourishing, reflection, and moral perfection.