Trump's comments come after he called on several countries to send warships so as to secure the critical waterway ...

It comes after a separate drone strike at Fujairah on Saturday, underlining the vulnerability of the UAE's only export route that bypasses the Strait of Hormuz.

European stocks declined on Monday morning as the ongoing unrest in the Middle East and elevated global oil prices continue ...

BAE Systems CFO, Brad Greve, says the British defense giant has been spending record levels in capex and R&D, and expects to see countries increasing their defense spending into the future.

Authorities confirmed a drone strike has caused a large fire at the UAE's Fujairah Petroleum Industries area, with work underway to contain the blaze. CNBC's Dan Murphy has the latest from Dubai.

Wood Mackenzie’s Sushant Gupta says jet fuel demand is lifting refining margins but warns crude shortages could force Asian run cuts. He adds that India and China are well positioned to secure Russian ...

Net retail buying of oil ETFs hit a record $211 million on March 12, surpassing the previous peak seen during the market turmoil in May 2020, according to Vanda Research.

UniCredit has unveiled plans to increase its stake in Commerzbank above 30%. CEO Andrea Orcel said he does not expect the ...

Developed-market sovereign debt is often seen as a stable investment — but the conflict in the Middle East has changed the picture.

Spring forward 12 years and all that cooperation was gone. Russia, heavily sanctioned and ostracized by the West, was still at bloody loggerheads with the West in Ukraine and the distrust was as great ...

The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, according to JPMorgan.

Dubai International Airport resumed a limited flight schedule Monday morning after a drone attack hit a fuel depot, causing a fire.