Iran allowed 10 oil tankers to pass through the Strait of Hormuz this week as a “present” to the United States, President Donald Trump said Thursday.Iran…

Sheikh Nawaf Al-Sabah, chief executive officer of Kuwait Petroleum Corp., speaks during the CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 11,…

An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel.Nurphoto | Nurphoto | Getty ImagesWith oil prices at levels…

Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the…

It’s called the world’s most critical oil choke point — and Iran holds the power.Washington’s strikes on Iran stoked fears that Iran could retaliate by closing the Strait of…