Economists downgraded growth for most Asian economies by 0.2-0.9 percentage point in a report on Friday. India, Hong Kong, Thailand and the Philippines faced the largest cuts, while forecasts for ...

US President Donald Trump suggested oil tanker crews should “show some guts,” as Iran attacks ships trying to cross the crucial waterway. Oil prices could rise further: Goldman Sachs has revised up ...

Based on vessel counts, the bank estimates that “average daily flows through the Strait of Hormuz are down 97% from their ...

The efforts to mitigate an global oil shortage did little to dampen the rise in crude prices ...