U.S. strikes on Iranian targets send oil prices surging, complicating diplomatic deal hopes and raising fears of a global recession via the Strait of Hormuz.
President Trump declares Iran ceasefire on 'life support' as oil prices surge and U.S. considers military escorts for tankers in the Strait of Hormuz.
Iran vows retaliation after a US destroyer fires on a cargo ship in the Gulf of Oman, causing oil prices to surge 7.5% as diplomatic talks...
Iran reimposes Strait of Hormuz restrictions as U.S. maintains port blockade, threatening global oil supplies and complicating Pakistan-led peace negotiations.
Dow Jones futures react as President Trump warns Iran over a blockade in the Strait of Hormuz, sparking concerns over global oil supply and market stability.
Oil prices jump 6% as President Trump signals a prolonged Iran conflict, sparking fears of structural supply shortages and global economic drag.
Iran launches multiple-warhead missiles at Israel and Gulf neighbors following the assassination of key leaders, sparking fears of a global energy crisis.
TORONTO — The Canadian dollar regained some ground at the end of last week as a modest recovery in global oil prices provided support for the...