Every $1 increase in the average oil price can boost Chevron's annualized earnings by $600 million. ConocoPhillips is on track to double its free cash flow by 2029 at $70 oil. Canadian Natural ...

Diego Garcia, part of the Chagos Islands, is around 3,800km (2,360 miles) away from Iran. Iran has fired missiles towards a ...

President Donald Trump enters the fourth week of the war with Iran confronting a crisis that appears increasingly beyond his control. Global ...

Ambassador Mike Waltz tells CNN that the move was “very temporary” and aimed at combating Tehran’s strategy of raising global oil prices. Follow for live news updates.

The Iran war reached the three-week mark as about 2,200 more U.S. Marines and three more warships are headed toward the ...

The mixed U.S. messages came after another climb in oil prices plunged the U.S. stock market, and was followed by a Trump administration announcement that it will lift sanctions on Iranian oil loaded ...

Tehran fired missiles towards a joint US-UK base in the Indian Ocean after Keir Starmer gave Donald Trump the green light to ...

The U.S.-Israeli military campaign against Iran took a dangerous turn on March 18 with tit-for-tat strikes on critical energy infrastructure that amount to the most serious regional escalation since ...

President Donald Trump ends the third week of the Iran war confronting a crisis that seems to be slipping out of his hands: ...

Iranian officials have become reluctant to even discuss reopening the Strait of Hormuz as they focus on surviving the ...

Oil price spikes aren't the only impact of the ongoing Middle East conflict on the global economy. Here are three other major ...

Strikes on infrastructure amid the Iran conflict are worsening a global energy crisis. Energy supplies were already tight and ...