Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

The Panama Maritime Authority (AMP) issued a warning about security risks to its merchant fleet operating in areas near Iran, ...

It's now largely forgotten that in the early 1900s, nearly a third of the Arabian Peninsula was under British India.

Motorists could be forking out an extra 40 cents per litre to fill up their cars as the heated conflict in the Middle East ...

As tensions escalate following Israeli strikes on Iran, fears rise that Tehran could choke the Strait of Hormuz which is ...

Amid rising tensions and stalled nuclear negotiations, the US is reducing its diplomatic and military presence in the Middle ...

Iran’s threatened closure of the Strait of Hormuz could send petrol prices soaring by up to 70 cents per litre, putting ...

Lee Clark's bank accounts, savings and other valuable assets could be used to pay his unsecured creditors if he does not ...

Petrol prices in Australia could skyrocket by up to 12 cents a litre following Israel’s announcement it had launched strikes ...

As the tragic human toll of the escalating conflict between Israel and Iran continues to climb, ripples are also set to be ...

Aussie drivers could face soaring petrol prices, adding to intense cost of living pressures, as the heated conflict between ...

The cost of crude oil affects everything from the price of food at the supermarket to how much it costs to fill up your car.