What is the Strait of Hormuz? The Strait is narrow, stretching roughly 31 miles at its widest point. Iran is on its north bank opposite Oman and the United Arab Emirates (UAE).

Closing the Strait of Hormuz would send oil prices massively higher — at least at first If Iran blocked the strait, oil prices could shoot as high as $120-$130 per barrel, at least temporarily, said ...

The vote took place Sunday after the U.S. on Saturday evening hit three Iranian nuclear sites and significantly damaged the country's capabilities.

According to an analysis by Emperador, any disruption in energy exports through this strategic checkpoint may result in a 25% to 40% rise in crude oil prices. Consequently, the global bitumen market ...

Over the Strait of Hormuz, the legendary F-14 Tomcat once faced real combat in the tense waters of the Persian Gulf. In this ...

Now, concerns over the Strait of Hormuz are once again at an all-time high. Iran controls the Northern side of the Strait of Hormuz, a passage which sees significant global trade pass through daily.

China, the largest buyer of Iranian oil, sourced 5.4 million barrels per day through the Strait of Hormuz in the first quarter this year, while India and South Korea imported 2.1 million and 1.7 ...

A functioning Strait of Hormuz is “absolutely essential” to the health of the global economy, he said. “Following America’s attack on the Fordow nuclear installation, it is now our turn,” warned ...

China, the largest buyer of Iranian oil, sourced 5.4 million barrels per day through the Strait of Hormuz in the first quarter this year, while India and South Korea imported 2.1 million and 1.7 ...