LONDON, United Kingdom — Oil prices soared above $100 and stock markets extended losses as Iran’s new supreme leader ordered the Strait of Hormuz to be kept closed. Concerns about a long, drawn-out ...

As Hormuz chokes and defence costs soar, Gulf states absorb crippling financial fallout of the US-Israel war on Iran.

The Australian government will reduce the minimum stock requirements of petrol and diesel for fuel companies to help their ...

TEHRAN: The attack on the Thai bulk carrier Mayuree Naree in the Strait of Hormuz on March 11 has spotlighted the Shah family, the owners of the vessel and one of Thailand's wealthiest business ...

The Iran conflict is driving up energy and fertilizer costs, raising alarms over a return of food inflation. Farmers are bracing for resource shortages that could drag down harvests.

The US is lifting its sanctions on Russian oil for about four weeks to relieve surging prices. Scott Bessent said the move would "not provide significant financial benefit" to Russia. Sanctioning ...

Ayatollah Mojtaba Khamenei promised to avenge those killed in the war, including in a school strike that killed over 165 people.

HONG KONG — Some commercial ships near or in the Strait of Hormuz and Persian Gulf have declared themselves as China-linked since the Iran war began, marine traffic data show, as their operators ...

Iran’s ambassador to the United Nations said Tehran does not plan to close the Strait of Hormuz, appearing to strike a more measured tone after remarks by the country’s newly appointed supreme leader ...

The US Treasury Department announced that it was taking steps to further ease sanctions on Russian oil as crude prices surge during the Iran war. The agency said that it was granting a license that ...

President Donald Trump is heading toward a vexing crossroads in Iran. He can’t honestly declare victory; he seems to be losing control of an expanding war; and the strategic and economic consequences ...

Follow real-time developments as the US-Israel war with Iran intensifies across the Middle East, triggering missile attacks, drone interceptions, naval clashes and mounting geopolitical tensions.