The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in Australia.

Some oil tankers are rerouting, pausing, or avoiding the Strait of Hormuz amid escalating Middle East tensions and fresh U.S. strikes on Iran, raising fears of a global oil supply shock.

Oil production growth is slowing due to natural depletion and rising costs, especially in the Permian Basin, but new federal estimates could offset geological limits.

Learn how castor oil packs work, how to use them safely, and what benefits and risks to keep in mind before trying this natural remedy.

Oil prices fell 6% on Tuesday to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply disruptions in the Middle East.

U.S. and global oil benchmark prices opened up 4% Sunday evening, underscoring the concerns about what the conflict means for the world’s oil supplies.

Oil prices surged during late Sunday trading after the US launched strikes on three Iranian nuclear Saturday evening in a major escalation of the Iran-Israel conflict.

S&P 500 bounces back, crude retreats, and rate cut hopes ignite Wall Street's next move.

The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes to global crude supply, suggesting that Middle East ...

Please try again later. Up to 7.5 billion barrels of oil and gas could still be produced from the North Sea, 3.2 billion more than current government estimates, a new report says.

The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran.

Shell is in early-stage discussions to acquire a rival that could result in the largest oil industry deal in a generation.