The renewed hostilities in the Middle East followed a renewed exchange of fire. It comes as negotiators struggle to reach a lasting peace deal to keep the crucial Strait of Hormuz open. Although the…

Renewed hostilities could undermine credibility of future ceasefires with long-term impact on global energy markets, inflation and risk premiums, analyst says.

DUBAI, United Arab Emirates — Iran and Oman’s foreign ministers met on Saturday to discuss the Strait of Hormuz that lies between them, after days...