Fears of Global Oil Spike as Iran Votes to Shut Down Vital Shipping Channel After US Strikes

Trump Demands Low Oil Prices After U.S. Attacks on Iran

When deciding to launch a bomb (or several dozen) at another nation, it is critical to consider that even though the target of your munitions may be thousands of miles away, the geopolitical and economic fallout could extend far beyond tit-for-tat airstrikes.  Over the weekend, President Donald Trump authorized potentially crippling strikes against three of Iran’s nuclear research and development sites, and now the world waits for potential re…

Trump pleads with oil companies to keep prices down after Iran blockade threat

Crude oil prices surged following Iran vote to close critical Strait of Hormuz in wake of US bombings

Scottish cities among safest places to live in UK if nuclear war breaks out

With tensions between the US and Iran reaching breaking point, fears of nuclear war are growing fast. We’ve taken a look at the safest spots to live in the UK if disaster strikes.

No Oil For You: Iran blocks key shipping lane after U.S. attack

Iran retaliates for the U.S. attack by closing a shipping route which supplies 20 percent of the world’s oil, Nancy Pelosi rakes in millions while rejecting calls to ban Congress from trading, and it’s wedding week for Jeff Bezos but Italians want a divorce.

Shipping groups avoid the Strait of Hormuz to reduce exposure after U.S. strikes on Iran

The Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea, is recognized as one of the world's most important oil chokepoints.

Will Iran block the Strait of Hormuz?

In response to the United States' attack on Saturday, the Iranian Parliament has approved closing the Strait of Hormuz. The decision, which could hinder international trade significantly, particularly that of oil, is awaiting approval from Iran's Supreme National Security Council.