A statement on the Foreign Office (FCDO) website said: 'Due to the security situation, UK staff have been temporarily withdrawn from Iran.'

After the Strait of Hormuz disruptions, a fresh threat to the world's oil supply has emerged with the Iran-backed Houthi movement in Yemen announcing a maritime blockade against…

Oil prices softened on Tuesday as markets weighed mediation efforts. Fresh attacks between the United States and Iran also influenced market sentiment. Yemen's Houthis threatened…

On Tuesday, oil prices surged nearly two percent amid escalating tensions between the United States and Iran. The situation was further complicated by threats from Yemens Houthis…

Attacks on ships crossing the Red Sea would likely cause further economic chaos