President Trump and Iran have one month to reopen the Strait of Hormuz and get oil flowing again if they want to avoid a ...

Under a different OECD scenario for a time-limited disruption, in which energy production and shipments from the Gulf start ...

Is the U.S. economy facing major disruption or a minor challenge from oil supply shocks? Economists differ on how fuel shortages may impact growth and inflation.

A few hundred miles from where Chinese leader Xi Jinping will roll out the red carpet for President Donald Trump this week, a shadowy ecosystem has long been at work pumping billions of dollars into ...

The Organization for Economic Cooperation and Development, in a report, said the Middle East war’s consequences “are likely ...

The United States on Thursday (local time) announced a fresh round of sanctions targeting Iran's so-called "shadow oil ...

By Parisa Hafezi DUBAI, June 1 (Reuters) - Iran is pushing for a limited interim agreement with the United States in a bid to ...

The conflict is not only sapping oil revenue, but also Gulf states’ efforts to expand their economies beyond it.

Saudi Arabia's economy has ‌proved resilient during the Middle East war, but the conflict has weighed on non-oil activity and confidence, leaving growth this year "notably" lower, the International ...

Year-on-year inflation in Iran reached a level in May unseen since World War II, underlining the economic pain average ...

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Iran’s judiciary spokesperson told the state-owned Iran Daily newspaper on Thursday that Iran has the legal and judicial right to seize oil tankers in the strait that are connec ...