Seoul heavily affected by closure of strategic waterway and under heavy US pressure for participation against Iran.

Vance says gas prices could have been "much higher were it not for our efforts," as the Iran war pushes pump prices to ...

South Korea said Friday it was weighing “contributions” to US security efforts in the strategic Strait of Hormuz, potentially including a military ...

"Diesel is just a couple of ticks away from hitting a new record," one energy expert said. "That will happen." ...

Oil prices rose on Friday and are on track for the steepest weekly gain since mid-July as rising tensions and ​renewed ...

Vice President JD Vance on Thursday rejected the use of the word “war” to describe the U.S. fighting with Iran.

Four commodity vessels transited the key waterway of the Strait of Hormuz on Thursday, down from nine a day earlier and well ...

Vice President JD Vance on Thursday rejected the use of the word "war" to describe the U.S. fighting with Iran and declined to predict whether the six-month-old conflict would be over by November's ...

The markets have incorrectly interpreted cuts in refinery runs as a drop in demand vs. actual demand which has risen during ...

South Korea is considering deploying P-8A Poseidon maritime patrol aircraft, mine-clearance specialists and a naval logistics support ship to the Strait of Hormuz as U.S. forces confront Iranian ...

The EU endorsed Washington’s sanctions push against Tehran, while efforts to block Iran’s oil exports and financial ...