Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...

A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...

The stretch of water borders the coastline of several Middle East countries, including Iran, and is vital for the global oil ...

In the U.S., the agency reported that oil imports through the Strait of Hormuz only accounted for 7% of the country's total oil imports and 2% of its liquid petroleum consumption over the same period.

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

When looking at a map, the Strait of Hormuz might not seem all that impressive. It’s just a slim waterway squeezed between Iran and Oman. But don't let the size fool you. This narrow passage is one of ...

From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.

Last year, an average of about 20 million barrels per day passed through the Strait of Hormuz, which amounts to roughly 20% of liquid petroleum consumed worldwide, according to the U.S. Energy ...

US intelligence said to have detected sea mines loaded onto naval vessels, though move may have been ruse to ramp up pressure ...

In the U.S., the agency reported that oil imports through the Strait of Hormuz only accounted for 7% of the country’s total oil imports and 2% of its liquid petroleum consumption over the same ...

The EIA estimates that 84% of the crude oil and 83% of the liquefied natural gas that moved through the Strait of Hormuz last year went to Asian markets.China, the largest buyer of Iranian oil ...