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China has been diversifying its sources for oil imports well before the current Middle East tensions.
The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...
RBN Energy executive Rusty Braziel told CNBC’s Jim Cramer on Monday that he doubts Iran will close off the Strait of Hormuz.
U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after ...
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 ...
Iran may close the vital maritime route, through which one-fifth of the world’s oil supply is shipped every day.
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 ...
Naval forces in the Middle East warned that ships, especially U.S.-linked ones, could be at heightened risk after the U.S.
The Iranian Parliament on Sunday approved a measure to close the Strait of Hormuz after the United States bombed three ...
US stocks end up as oil prices fall on Iran's limted response to US attacks and Strait of Hormuz stays open. Another Fed ...
Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty” ...