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China has been diversifying its sources for oil imports well before the current Middle East tensions.
Amid rising regional tensions and in reaction to last night attacks, the Iranian parliament has approved the closure of the Strait of Hormuz, pending final approval by the Supreme Commander. Hormuz is ...
Beijing has been sustaining Iran's economy for years with oil purchases. Currently, over 90% of Iran's oil exports are ...
Today on the show: what war in the Middle East means for global oil markets... and what it doesn't. Bloomberg opinion ...
While Iran's arch-rival Israel would remain unaffected by such a closure, closure would end up hurting Iran's oil trade as well as those of friendly countries, writes .
Iran denies firing missiles at Israel after the ceasefire began, state media reports, and says its forces are ready to ...
As one of the world’s most important shipping routes, the Strait of Hormuz has long been a strategic focal point — from the ...
As fears of a worldwide war grow, experts are looking at which countries might remain safe if conflict spreads.