Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call options since January, expecting more ...

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and ...

After a decade of rapid growth of foreign direct investment into both Gulf Cooperation Council states and North Africa, FDI ...

President Donald Trump has repeatedly demanded the Federal Reserve slash interest rates. But Fed officials have stood pat, ...

The country’s exports mostly come from Kharg Island in the Persian Gulf. But Israel’s energy facilities are also at risk.

US and Brent crude prices jumped on fears of supply disruption from the Middle East as Iran has repeatedly threatened to ...

IRAN launched scores of ballistic missiles at Israel in multiple waves as the Ayatollah’s vengeance edges the Middle East ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

The already volatile Middle East has plunged into a new and dangerous phase of conflict as Israel and Iran openly traded ...

Crude oil scored its largest single-day gains in more than three years after Israel launched air strikes against Iran's nuclear sites and other military targets but not oil infrastructure ...

Iran said the Shahran oil depot in Tehran was targeted in an Israeli attack on Saturday but that the "situation was under control".