News

A Strait of Hormuz crisis could hit global oil, but China may be less vulnerable than it looks
China has been diversifying its sources for oil imports well before the current Middle East tensions.
Oil prices shed 3% as Iran-Israel ceasefire eases concerns over supply, Strait of Hormuz closure
A successful Iran-Israel ceasefire would abate concerns over Tehran's crude supplies and the stability of oil transport ...
Strait of Hormuz disruption: More bark than bite for US energy, expert claims
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
Why all eyes are on the Strait of Hormuz, a 90-mile strip critical to global oil prices
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
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.
Oil Tanker Collision Near Strait of Hormuz Raises Security Fears
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...
Oil Futures Sink Following Iranian Attack on U.S. Base in Qatar
Oil futures are selling off following Iran's missile attack on a U.S. military base in Qatar, with benchmark U.S. prices ...