Despite fears of an oil crisis following Israel's attack on Iran, crude oil prices have surprisingly stabilized. Learn why the market is resilient and what factors are keeping prices in check.
In a dramatic response to U.S. airstrikes on its nuclear sites, Iran's Parliament has voted to close the critical Strait of Hormuz, raising fears of a global oil crisis. The final decision rests with the Supreme National Security Council, as tensions escalate.
U.S. Secretary of State Marco Rubio calls on China to intervene as Iran threatens to close the Strait of Hormuz following U.S. military strikes. The closure could trigger a global oil crisis.
