From increased household bills to food prices, the effects could linger for a while.
Middle East conflict sends oil, equities and currencies into turmoil, leaving global markets and investors bracing for prolonged uncertainty.
Israel's response to the unprecedented multi-pronged attack by Palestinian gunmen from the Gaza Strip will ‘change the Middle ...
'The West is not thinking long-term. We need to ask: what is the long-term power relationship in the Gulf?' ...
Maritime chokepoints like the Strait of Hormuz, Strait of Malacca and Singapore Strait are vital arteries of global trade. Disruptions in these routes could spark supply shocks and send energy prices ...
Global oil markets are preparing for potential supply disruptions after US airstrikes on Iran over the weekend revived ...
Museveni wins Uganda election; Sadat breaks with Soviet alliance; US forces retake Seoul in Korean War; Fascist Italy bans strikes ...
Traffic through the Strait of Hormuz has ground to a virtual halt, unleashing the most severe energy crisis since the 1970s.
During the October 1973 Yom Kippur War, Arab OPEC members, led by Saudi Arabia, implemented an oil embargo against the US and ...
According to U.S. Central Command, over 5,000 targets were struck and 50 Iranian vessels were damaged or destroyed in the first 10 days of the war with Iran.
As strikes continue across the Middle East for a second week, US President Trump has given conflicting messages about how long the war will last, while Iran signals it’s prepared for a long fight.
The Pentagon said Tuesday that about 140 U.S. service members have been wounded since the start of the war. It said the “vast majority” of the injuries were minor, with 108 service members having ...