Commodity strategists warn that Iranian leverage in the Strait of Hormuz will continue to weigh on oil markets and shipping ...

Oil edged higher on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle East.

Politics also are on the radar as the Supreme Court handed President Donald Trump a split scorecard on executive power.

Renewed Middle East tensions are in focus, after Iran reportedly attacked a cargo ship, OPEC faces potential exit of Iraq, ...

Restoring enough physical supply to the market to keep prices at a stable sub-$80 level could take weeks, and in some cases months, market watchers have told CNBC.

Oil extended losses during Asian trading hours on Wednesday as concerns over potential supply disruptions eased, while ...

Since 2022, Russia has gone from supplying 1% of India’s crude to over 35%. Iraq and Saudi Arabia supply much of the rest.