As the price of oil continues to soar, countries reliant on importing the substances are having to take emergency measures

Millions of barrels of oil and gas are being held up after Iran took control of the strategic shipping route in response to US-Israeli attacks

The UK’s second-largest fuel retailer has seen ‘bumper demand’ from drivers reacting to price volatility

Governments around the world have introduced measures to limit the impact of price increases.

As the price of oil continues to soar, countries reliant on importing the substances are having to take emergency measures

US president reportedly told aides he was willing to end war even if Strait of Hormuz stayed largely closed

The president said US forces would 'finish the job' in Iran and that 'core strategic objectives are nearing completion’