News

The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Iranian officials have threatened to mine the waterway, which is a key shipping route for oil and gas. One way that Iran ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Two large Chinese-operated crude carriers went off course as they tried to enter the Strait of Hormuz, after their navigation ...
Iran may be threatening to close the Strait of Hormuz, but experts told CNBC that it’s also the one with the most to lose ...
T he White House Press Secretary stated that it would be "foolish" for Iran to close the Strait of Hormuz, and confirmed that the administration is actively monitoring the strait.