After the Israeli bombing that started on June 13, several Iranian politicians have suggested that the Strait of Hormuz ...

Hostilities between Israel and Iran have raised the cost of shipping insurance in the Persian Gulf and Red Sea, leading to ...

Iran considers closing the Strait of Hormuz, a crucial route for global oil passage, amidst rising tensions with its ...

"Our economy is unproductive, import-dependent, and almost entirely externally controlled," said Samir Abu Mudallala, ...

Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.

As the conflict between Israel and Iran intensifies, speculation is rising about whether the Iranians will close the Strait ...

Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the ...

Eni's CEO, Eni of Italy, said that oil markets were signaling an unlikely escalation of tensions between Israel and Iran or the closing of the Strait of Hormuz.

The CEO of Italian energy company Eni said on Wednesday oil markets are signalling that an escalation between Israel and Iran ...

Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...

Business entities using the Mombasa port are holding onto hope that the Israel-Iran war will not escalate into a damaging ...