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Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
The Strait of Hormuz is a strategic waterway for seaborne oil that has long been used by Iran as a geopolitical bargaining ...
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Inquirer on MSNThe Strait of Hormuz: why is it so important?Iran ’s top security body must make the final decision on whether to close the Strait of Hormuz, Iranian TV said on Sunday, ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes on its nuclear sites.
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 ...
If things were to re-escalate, the Iranian regime could take a worst-case, most damaging counter-measure by blockading the ...
Iran's parliament was reported to have backed a move to close the strait late on Sunday, threatening around a fifth of all ...
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
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Rising tensions in the Middle East have reignited fears that Iran could blockade the Strait of Hormuz, a critical oil shipping route. A closure could send shockwaves through global energy markets, ...
The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...
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