The consequences of the increasingly urgent hostilities between Israel and Iran are multifold—humanitarian, geopolitical, and so on. If the situation deepens, it could also have important implications ...

War broke out in the Middle East, but unlike in decades past, there has not been panic about a subsequent oil crisis. NPR's Camila Domonoske is here to explain why.

Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle ...

The moderate 15% low-to-high swing during this conflict suggests oil traders and investors have slashed the risk premium for geopolitical tensions in the Middle East. Consider the impact on prices ...

Due to Trump’s pro-energy policies, the U.S. is well braced to endure disruptions in the market, including wars in the oil-rich Middle East, according to energy sector experts.

The U.S. has urged China, Iran’s biggest oil customer, to stop Tehran from closing the Strait of Hormuz, which handles about 20% of global petroleum. WSJ’s Austin Ramzy looks at just how much ...

Oil prices have fluctuated due to concerns about potential supply disruptions in the Middle East following recent Israeli strikes on Iran, but no actual supply cuts have occurred. The Strait of ...

As of May, oil from the Middle East accounted for 62 percent of Korea’s crude oil imports — or 59.23 million barrels out of a total 95.54 million barrels — according to data released ...

Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.

Oil fell almost 4% to $65.84 a barrel early Tuesday, and is now below where it was before fighting between Iran and Israel began over a week ago, when a barrel of U.S. crude was just above $68.

Shell CEO Wael Sawan said on Thursday the oil and gas major was being "very careful" with its shipping through the Middle East given the escalating conflict between Israel and Iran.