The country's economy has been surprisingly resilient but there are underlying problems.
Iran's Press TV had earlier reported that parliament had approved a plan to close the Strait.
Iran's threat to block the world's most vital oil transit point has raised fears of major global...
Conflict in the Middle East often leads to higher energy prices, which can feed through to...
Airlines scramble to cancel and reroute flights after Doha and Dubai airports shut briefly.
The conflict between Iran and Israel adds further uncertainty to an already strained global outlook.
Crude has dropped by more than 5% with prices now below the level when Israel first launched its...
People gathered across the UK to celebrate the summer solstice - marking the longest day of the...
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