The number of container vessels slowing down at the Strait of Hormuz is more than three times the normal level, said Ami ...

The Strait of Hormuz, a narrow waterway at the mouth of the Persian Gulf, handles around 26% of the world’s oil trade and is ...

Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.

The armed confrontations between the two nations have already driven up global oil prices by over 7%, putting Bangladesh's fuel imports at risk ...

The state-run Press TV quoted Iranian parliamentarian Esmaeil Kowsari as saying Tehran is weighing the move, which could have ...

By K Raveendran Israel's strike against Iran has reignited a familiar tension in global energy markets, sending oil pr ...

Even if Iran does not close the Strait of Hormuz in response to Israel's attacks, much of the maritime shipping industry may ...

TheStreet. Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 ...

Around one-third of global oil, 20% of LNG trade pass through Strait of Hormuz, making its potential closure due to possible ...

Oil prices spiked after Israel attacked Iran to degrade its nuclear capabilities. Where the market goes from here will depend ...

Persian Gulf shipping hadn’t been impacted by Israel’s strikes on Iran, though that could change, a British-U.S. naval task ...

Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be ...