A halt on trade flows through the strait of Hormuz could spell trouble for many developed economies

The prospect of a blockade of the Strait of Hormuz, which one-fifth of the world's total oil supply, notably from Saudi Arabia and the United Arab Emirates, passes through, or…

Oil prices rose on fears of war. Now the U.S. and Israeli military strikes on Iran could disrupt oil exports and drive up gas prices.

A halt on trade flows through the strait of Hormuz could spell trouble for many developed economies

The closure of the Strait of Hormuz and US-Israeli strikes in Iran are reigniting the specter of a surge in crude oil prices. But the global economy is less vulnerable today than…

Markets around the world could tumble on Monday and motorists are likely to pay more at the pump

Brent crude rose by 13% during early trading and stock markets came under pressure as US-Israeli strikes on Iran raised fears of disruption

Rolling coverage of the latest economic and financial news

Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growth

A near-halt to shipping in strait of Hormuz and attacks on Middle East refineries are threatening supplies and stoking inflation

Consumers are set to pay higher prices, but US producers could benefit, analysts say.

U.S. oil prices hit 2024 highs and stocks tumble as the Iran conflict escalates, threatening global markets and inflation.

The Strait of Hormuz is the narrowest point in the Persian Gulf and a vital link for oil shipments. See where it is and what could happen next.