The narrow Strait of Hormuz has been a vulnerability in the global oil supply network for decades. Here we go again.

Oil markets surged on Tuesday and Wednesday as escalating military exchanges between Iran and Israel sparked investor anxiety. Brent crude futures climbed approximately 2.1 per cent to $74.79 a barrel ...

Shell is exercising extreme caution with its tanker movements in the Middle East due to escalating tensions between Israel and Iran, impacting oil flow uncertainty and global trade.