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This strait connects the Persian Gulf with the Gulf of Oman and the Arabian Sea, providing the only sea route for oil tankers ...
The Strait of Hormuz, through which around a fifth of the global oil supply is transported every day, remains at the centre of attention on Monday.
The US carried out unusually large-scale attacks on Iran, using dozens of cruise missiles and six bunker busters, a type of ...
Strait of Hormuz to be closed? The US has reached out to China to dissuade Iran to not shut the strait, calling it "economic ...
So far, Iranian oil export infrastructure doesn’t appear to have been majorly hit by Israel, which is a relief for the energy ...
US Secretary of Stat Rubio’s comments came after Iran’s foreign minister warned that Tehran “reserves all options to defend ...
As Iran signals a possible closure of the Strait of Hormuz amid rising military tensions with Israel and the US, global ...
Oil prices are expected to rise even higher in the coming week, as a result of the US attack on Iran’s nuclear sites. It is ...
Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty” ...
Oil is likely to rise by $3-5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, ...