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

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.

For the world's shipping industry, this is another crisis they have had to deal with in recent years. after November 2023, ...

Despite escalating Middle East tensions and rising crude prices, experts believe oil supply through the Strait of Hormuz will ...

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 ...

Iran remains structurally reliant on the Strait of Hormuz. While it has an oil export terminal located outside the Persian ...

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 handles around 20 million barrels of crude oil per day — nearly one-fifth of global daily consumption. A ...

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

So far, Iranian oil export infrastructure doesn’t appear to have been majorly hit by Israel, which is a relief for the energy ...

Amidst US-Iran tensions and potential Strait of Hormuz closure, India, importing 2 million bpd through it, feels secure.