An economist has warned Brits about a potential surge in oil prices if Iran decides to follow through with one particular ...

Tehran said it may shut the Strait of Hormuz, a key maritime trade route, in retaliation for recent attacks on its nuclear facilities. How come it has not gone through with the blockade?

National average gas prices reached a four-year low, with analysts projecting stability through the Independence Day holiday ...

In the event, Monday proved a turning point. Tehran didn’t close the strait. Instead, it fired missiles on a nearly empty ...

After recent sharp spikes at the pump, fuel prices are poised to drop by over P2 per liter next week amid a shaky ceasefire ...