News

The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...
Even if Iran does not close the Strait of Hormuz in response to Israel’s attacks, much of the maritime shipping industry may ...
Greek and British maritime officials advised merchant ships to avoid the Strait of Hormuz after Israel's strike on Iran’s ...
The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...
India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...
TheStreet. Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 ...
“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...
Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.
Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be ...
Oil prices spiked after Israel attacked Iran to degrade its nuclear capabilities. Where the market goes from here will depend ...
The state-run Press TV quoted Iranian parliamentarian Esmaeil Kowsari as saying Tehran is weighing the move, which could have ...