Middle East

Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure disrupts supply chains, with gas prices up over 41%.

Gen. Jack Keane warns combat operations in the Strait of Hormuz are "inevitable" after Iran allegedly violated the ceasefire by firing on warships.

Calamos Investments' John Koudounis says strong earnings and the prospect of lower interest rates could fuel a powerful next leg higher for the stock market.

The UAE announced it is quitting OPEC after 59 years, a move experts say could boost oil production and ultimately lower global energy prices.

The U.S. is targeting China's role in facilitating Iranian oil exports with secondary sanctions aimed at cutting off Tehran's key revenue streams.

Rep. Ro Khanna says the U.S. should stop exporting oil to bring down gas prices as Middle East conflict disrupts global supply and raises concerns.

The growing likelihood that some kind of agreement will be made with Iran is driving the markets sky-high.

Oil prices dropped over 10% after Iran's foreign minister announces the Strait of Hormuz is open to commercial traffic for the Israel-Lebanon ceasefire.

A remarkable personal triumph for the president and his steadfast vision of peace in the Middle East and around the world.

The Treasury Department said it has evidence that banks in Oman, the UAE, Hong Kong and China have allowed Iranian funds for illicit purposes

China uses its relationship with Iran to position itself as a strategic player in the Middle East as Trump weighs his next diplomatic moves.

Gristedes CEO John Catsimatidis says limited tanker traffic is beginning to move through the Strait of Hormuz, with flow still far below normal levels as oil prices decline.

Gas prices jumped nationwide amid Iran tensions, hitting $4.11 on average as diesel tops a record $8 per gallon in San Francisco.

Holistic Resilience, a group of engineers, uses the Mahsa Alert app to provide Iranian civilians with critical safety information amid an internet blackout.