Industry experts are examining possible scenarios, including one in which the price of oil doubles this year.

Israel’s strike on Iran, and Tehran’s subsequent retaliation fuel fears of Strait of Hormuz trade disruptions.

Industry experts are examining possible scenarios, including one in which the price of oil doubles this year.

SINGAPORE: Oil prices rose on Tuesday, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs of any production losses stemming…

They rose more than 4 percent as traders wondered if the United States would take a more active role in the conflict between Israel and Iran.

Crude oil prices jump more than 4 percent amid fears the US may join Israel’s offensive against Iran.

LONDON: Oil prices eased in Asian trade on Wednesday, after a gain of 4 percent from the previous session, as markets weighed the chance of supply disruptions from the Iran-Israel…