The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

Rising international oil prices may not immediately result in an increase in petrol, diesel and cooking gas prices in India, and Indian consumers are unlikely to face supply disruptions even if Iran ...

A prominent adviser to Ayatollah Ali Khamenei, Iran’s supreme leader, has already called for the closure of the Strait. A ...

President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile following U.S. strikes on Iranian nuclear facilities.

There had been warnings that any disruption to international oil supplies as a result of tensions in the Middle East could push prices up at the pump.