News

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...
The Iranian parliament on Sunday approved closure of the Strait of Hormuz, though the final decision will be made by Iran’s ...
Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Iranian lawmakers approved a decision to close the vital oil shipping route after the U.S. strikes on its nuclear facilities ...
Around 84% of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South ...
A potential blockade of the Strait of Hormuz, a vital route for oil exports, threatens Asian economies heavily reliant on ...
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...
Iran’s threat to close the Strait of Hormuz raises concerns over oil supply disruptions. With two-fifths of crude imports at ...
The Strait of Hormuz is the world's most critical and dangerous maritime chokepoint, essential for global energy supplies and ...