News

Iran has threatened to close the Strait of Hormuz, in what would serve as another act of retaliation after the U.S. launched ...
Neil Atkinson, the former head of the IEA's oil division, discusses oil markets amid tensions in the Middle East.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
The United States bombed Iran’s three main nuclear sites in a major escalation of this month’s conflict in the Middle East.
Iran may close the vital maritime route, through which one-fifth of the world’s oil supply is shipped every day.
Just 24 miles wide at its narrowest point, the Strait of Hormuz is a crucial waterway through which millions of barrels of ...
No significant decline in ship traffic except for 6 vessels making U-turns to avoid waterway amid Israel–Iran conflict - ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
China has been diversifying its sources for oil imports well before the current Middle East tensions.
US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world's ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
The Strait of Hormuz is vital for gas and oil exporters in the Gulf region, as this is the only route by sea to export large ...