The Strait of Hormuz is a strategic waterway for seaborne oil that has long been used by Iran as a geopolitical bargaining ...

Oil prices fell sharply to their lowest in more than a week today as US President Donald Trump said a ceasefire has been ...

Iran war raises fears Iran may block the Strait of Hormuz, a vital oil route. Such a move could spike global oil prices and ...

CNN’s Erin Burnett reports from the United Arab Emirates as a ceasefire is set to begin after days of hostilities between ...

Oil prices are tumbling after President Donald Trump announced a Israel-Iran ceasefire agreement. Oil prices were already ...

Iran may close the vital maritime route, through which one-fifth of the world’s oil supply is shipped every day.

Iran ’s top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, ...

Oil prices fell sharply on Tuesday morning after reports of a ceasefire agreement between Israel and Iran eased fears of a ...

Iran's parliament was reported to have backed a move to close the strait late on Sunday, threatening around a fifth of all ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

The concerns have resurfaced that Iran might close Strait of Hormuz - a crucial waterway following the strikes on Iran's ...

Following US strikes on Iran's nuclear sites, Iran's parliament has authorised the potential closure of the Strait of Hormuz, ...