As military hostilities keep worsening between Iran and Israel, Tehran is threatening to close the Strait of Hormuz. The strategic waterway is the ‘world’s most important oil transit chokepoint’ — rou ...

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...

The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...

Peter Tirschwell from S&P Global Market Intelligence discusses the potential disruption to global shipping as a result of ...

About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...

Iran's Parliament National Security said on Saturday that Tehran is considering shutting the Hormuz Strait in response to ...

This spike came after Israel struck Iran’s nuclear and missile sites, raising fears of further retaliation and supply ...

Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...

Iran warns of closing the Strait of Hormuz as clashes with Israel escalate, risking global oil trade and regional stability.

“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...

Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...

Global oil prices are surging in anticipation of a supply shock due to the escalating conflict around the Strait of Hormuz, ...