The Federal Reserve is expected to keep interest rates on hold while inflation continues to cool. Jerome Powell to speak at 2:30 p.m. Traders eye the ongoing conflict in the Middle East. Follow along ...

Oil prices fell on Wednesday, after a gain of 4% in the previous session, as markets weighed up the chance of supply ...

This chart shows the volume of crude oil and petroleum liquids transported through world chokepoints in 2023 (in million ...

Amid rising tensions between Israel and Iran, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Wednesday, ...

The cost of insuring vessels navigating the Strait of Hormuz has soared, as underwriters scramble to reprice risk in response ...

Amid rising tensions between Israel and Iran, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, on Wednesday, ...

Stocks futures were pointing higher on Wednesday ahead of the Federal Reserve interest-rate decision, retracing some of Tuesday's losses after the Israel-Iran conflict escalated. Trump indicated he ...

Shipping analysts attribute the rising chartering costs in part to an increase in war risk premiums. According to Xclusiv ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

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The escalation of the war in the Middle East is also causing reactions in financial markets, which will affect the lives of ...

Oil prices climbed in early Wednesday trading, extending gains from the previous session as geopolitical tensions between ...