News

Why is the Strait of Hormuz so important for Oil, and what happens if Iran blocks it?
The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...
Oil price falls back as flow of crude through Strait of Hormuz unaffected
About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...
Why the Strait of Hormuz is critical to global oil supplies
The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
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Iran Threatens To Leave Nuclear Treaty and Close Strait of Hormuz
Amid escalating attacks between Iran and Israel, Iran threatens to withdraw from the Nuclear Non-Proliferation Treaty and potentially close the Strait of Hormuz, a critical global oil route.
Oil News: Strait of Hormuz Stable—Neutral Oil Outlook Despite Middle East Tensions
Crude oil prices dip as Israel-Iran conflict spares supply lines; traders monitor Strait of Hormuz and OPEC output for ...
US stocks close higher as oil dips on Iran's openness to ceasefire, nuclear talks
US stocks closed higher as Iran aims to deescalate the clash with Israel. Oil prices eased. Fed meets on rates this week. No one expects a rate cut.