Oil prices again spiked this week after a few weeks of relative stability following the renewed fighting as Iran continues to maintain a stranglehold over the strategic Strait of Hormuz, responsible for roughly 20% of global oil shipping.

Iran vows to prevent oil exports from the Gulf in response to US threats and sanctions, while the US military targets Iranian Revolutionary Guard Corps assets

Iran launched retaliatory attacks on U.S. sites across the Middle East Wednesday, escalating tensions after a broad American bombardment and the deaths of...

US-Iran tensions escalate as retaliatory strikes increase, raising fears of prolonged conflict and impacting global oil prices.