The European Union has vowed to retaliate if the US sticks with its baseline 10% tariffs, according to a report in Bloomberg ...

While Iran's arch-rival Israel would remain unaffected by such a closure, closure would end up hurting Iran's oil trade as well as those of friendly countries, writes Aditi Bhaduri.

Trump's tariffs will affect washing machines, fridges and ovens. This could mean higher prices for everyday items in the US.

A closure of the Strait of Hormuz could have implications for energy exports across the region. The UAE has proactive ...

The rapprochement between North Korea and Russia has brought immediate benefits to the North Korean leadership. In addition, ...

Iran's parliament approved a measure to close the Strait of Hormuz, a key global oil shipping route, following US strikes on ...

Asia-Pacific stock markets are seeing mixed trade Friday morning, with investors carefully watching escalating tensions between Israel and Iran and analyzing new economic data from China.

Asia-Pacific markets traded mixed Thursday, as investors weighed the U.S. Federal Reserve's decision to keep interest rates ...

Escalating violence in the Middle East overshadowed movement on trade deals within the G7 on Monday, as U.S. President Donald ...

Leaders of some of the world’s biggest economic powers arrive in the Canadian Rockies for a Group of Seven summit that's been ...

BEIJING, China — Chinese leader Xi Jinping urged South Korea's new President Lee Jae-myung on Tuesday to work with Beijing to uphold free trade and defend "multilateralism", state ...

Lee Jae-myung faces an international stage vexed by trade uncertainty, geopolitical tensions, and growing ties between North Korea and Russia. Skip to main content ABC News ...