The economics of reopening a chokepoint that handles a fifth of the world's oil and overseas gas supply may prove more difficult than market prices suggest.

Analysts say full recovery in oil flows is unlikely as shipping and production lag due to uncertainly around the US-Iran agreement

Oil prices fell Monday on optimism over US-Iran peace talks, with mediators flagging a "roadmap" to a final agreement, while most equities rose thanks to another healthy start for…

Traders remain in buoyant mood after news that the two foes had paused their conflict, which had sent energy costs soaring and stoking inflation, sending shivers through the…

Crude oil prices fell on optimism over US-Iran talks, with mediators flagging a "roadmap" to a final agreement, easing global economic jitters.

The economics of reopening a chokepoint that handles a fifth of the world's oil and overseas gas supply may prove more difficult than market prices suggest.