The American and British military are jointly exploring the issue of resuming shipping in the Strait of Hormuz, CBS reported, citing sources

Brent crude, the international standard, remained stubbornly over $100 a barrel on Monday.

Brent crude, the international benchmark, rose to near $114 per barrel, up from under $73 per barrel on the eve of the war.

If the disruptions from Tehran's attacks keep oil and gas prices high for long, they could create a debilitating wave of inflation for the global economy.

The American and British military are jointly exploring the issue of resuming shipping in the Strait of Hormuz, CBS reported, citing sources

BEIJING: Oil prices rose on Thursday, with benchmark Brent rising as much as $5 a barrel, after Iran attacked energy facilities across the Middle East following a strike on the…

Global oil and gas prices jumped after Israel struck world's largest natural gas field and retaliatory attacks on Gulf energy infrastructure by Iran.