News

The Strait of Hormuz is one of the busiest shipping routes in the world and provides the only sea passage from the Persian ...
The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...
Tensions in West Asia raise concerns over oil markets as Iran-Israel clashes threaten Strait of Hormuz closure.
Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...
A high-stakes collision near the world’s most vital oil chokepoint reignites fears as Iran renews threats to disrupt global energy flow.
Iran has significantly increased its daily oil exports following an Israeli attack, attempting to ship out as much crude as ...
Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait ...