The Strait of Hormuz, a 21-mile-wide waterway, is crucial for global oil supply, with 20 million barrels flowing through daily. Israel-Iran tensions have caused concerns about oil prices to surge.

An Israeli drone strike on Irans South Pars gas field—the worlds largest—has triggered a serious energy disruption and ...

The chancellor said nothing was "off the table" in protecting people from the impact of higher oil prices.

Indian benchmark indices Sensex and Nifty50 closed lower on Friday, mirroring sharp declines across Asian markets as Israel’s ...