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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.
China Daily19m
Closure of Strait of Hormuz could disrupt global economy
Goldman Sachs on Monday warned of energy supply risks as Middle East tensions threaten the Strait of Hormuz, which could ...
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 ...
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 ...
CoinDesk17h
Iran Mulls Closure of Strait of Hormuz; Digital Oil Memecoin Soars 400%
In the meantime, an obscure token called the digital oil memecoin (OIL) has skyrocketed over 400% against USD, according to ...
Iran orders closure of Strait of Hormuz — putting one-fifth of world’s oil supply at risk
Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the Strait of Hormuz, accusing the MSC Aries of violating maritime regulations.
Strait of Hormuz situation to not affect India's oil supply, will ensure stability of fuel supplies: Hardeep Singh Puri
Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...
What the U.S. strikes on Iran could mean for world oil prices
If Iran moves to blockade the Strait of Hormuz, prices could spike, but analysts see that scenario as unlikely for now.