The Iranian Parliament on Sunday approved a measure to close the Strait of Hormuz after the United States bombed three nuclear sites in Iran. The strait, located between Iran and Oman, remains a ...

Alongside oil, the Strait of Hormuz is also key for global container trade. That's because ports in this region (Jebel Ali and Khor Fakkan) are transshipment hubs, which means they serve as ...

Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran ...

CENTCOM is keeping a heightened posture as the threat from Iran persists despite a ceasefire, General Joseph Votel said.

The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

Shocks to the Strait of Hormuz are a perennial fear during conflicts that include Iran, and Tehran has often threatened to choke off trade flows by force in the face of threats to its own oil ...

The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami Daniel, chief executive of artificial intelligence company Windward, amid ...

The Strait of Hormuz lies between Oman and Iran and links the Persian Gulf with the Gulf of Oman to the south and the Arabian Sea beyond.

Texas and Louisiana lead U.S. oil and LNG exports Strait of Hormuz tensions raise global energy concerns U.S. oil production hits record 13.5M barrels/day in 2025 Texas infrastructure seen as key to ...

Israel-Iran and the Strait of Hormuz During an internal discussion this week - because that's what happens when you work with market nerds - we debated whether markets are right to remain so calm ...

Business What the Israel-Iran conflict means for gas prices New York (CNN) — Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer ...

The Strait of Hormuz lies between Oman and Iran and links the Persian Gulf with the Gulf of Oman to the south and the Arabian Sea beyond.