News

Strait of Hormuz could be vulnerable to Iran retaliation. Here's what to know about the vital oil trade route.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iran approves closure of Strait of Hormuz, a vital oil and gas route
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
Japanese ships transiting Strait of Hormuz to minimise time in Gulf
Japan's Nippon Yusen and Mitsui O.S.K. Lines said on Monday they have instructed their vessels to minimise the time spent in ...
Strait of Hormuz: closing vital oil and gas route would disrupt global supplies. How will Australia be affected?
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...
Rubio says U.S. is ready to meet with Iran after strikes, warns closing Strait of Hormuz would be "suicidal"
Secretary of State Marco Rubio appeared on "Face the Nation with Margaret Brennan" Sunday and said what happens next "depends ...
Crude Shock: 2 supertankers turn around from Strait of Hormuz amid fears of Iranian retaliation
Identified as South Loyalty and Coswisdom Lake, both the supertankers ‘abruptly’ changed their course, the Bloomberg report ...
It isn’t just the Strait of Hormuz. Oil traders and global investors await Iran’s response to U.S. strike.
The Strait of Hormuz isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East.
Goldman Sachs warns of oil price surge on Strait of Hormuz risks
Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that ...