If Iran decides to block the Strait of Hormuz, it will have far-reaching implications for the global economy, one expert has warned.

Russia indicates a willingness to collaborate with the United States and Saudi Arabia to stabilize the global oil market, citing a precedent from 2020.

The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and ...

In Asian trading, Japan’s benchmark Nikkei 225 shed 1.0% to finish at 38,488.34. Shares in Japan’s Nippon Steel Corp jumped 2 ...

As the conflict in West Asia continues, three Boeing 747 cargo planes departed from China to Iran over the past few days.

Welcome to the Money blog, Sky News' personal finance and consumer hub. The Bank of England has held the interest rate at ...