President Donald Trump says a US naval blockade against Iran could last for months, driving oil prices to their highest level in more than four years.

Oil prices climb to a four-year high above $120 per barrel amid reports that President Donald Trump is considering further military action in Iran.

Oil prices have risen above $120 per barrel, reaching a four-year high following reports that President Donald Trump is considering further military action against Iran.

Oil prices surge to a fresh wartime high amid growing fears the war in Iran could escalate with no resolution in sight.

Oil prices increased to a new wartime high as concerns grow that the conflict in Iran may escalate without a resolution.

An Iranian lawmaker claims China, India, and Japan are paying transit fees for the Strait of Hormuz and continuing to purchase Iranian oil despite U.S. restrictions.

An Iranian lawmaker stated that countries including China, India, and Japan are paying transit fees for the Strait of Hormuz and continue to purchase Iranian oil despite existing United States sanctions.

Saudi Arabia plans to withdraw its financial backing from the LIV Golf league. The decision marks a significant shift for the professional golf circuit.

Saudi Arabia plans to withdraw its financial backing from the LIV Golf league.