As the confrontation between Iran and Israel deepens, could Russia could reap the benefits of rising oil prices - or have the ...

The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...

By Purvi Agarwal, Sanchayaita Roy and Pranav Kashyap (Reuters) -European equities tumbled to a near one-month low on Tuesday ...

Israel has launched a series of strikes against Iran, targeting the country’s nuclear program and other military ...

Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. The tankers, located off the coast of ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

LONDON (Reuters) -The Front Tyne oil tanker was sailing through the Gulf between Iran and the United Arab Emirates on Sunday when just past 9:40 a.m. shiptracking data appeared to show the massive ...

In the statement, the G7 leaders said they affirm Israel has a right to defend itself and reiterated their support for the country.

Donald Trump had said he believed Iran would be "foolish" not to sign the deal he intended to offer the nation - but he has now hit out at the country after fresh developments ...

The UAE coast guard said it had evacuated 24 people from one of the ships, Adalynn, to the port of Khor Fakkan after the ...

Ahram Online provides live coverage of the unfolding military confrontation between Israel and Iran as the two sides wage ...

Economists polled by The Wall Street Journal had expected prices to be 0.1% lower compared with a month earlier. Prices rose 0.1% in April. Russian gas accounted for about 19% of EU imports last year, ...