Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

While the crash was not deemed security-related, maritime experts warn of growing risks in the area as the days-long ...

Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...

Could the Strait of Hormuz close amid an Iran–Israel war? Understand the potential impact on global oil supply.

The oil market remains on edge with the conflict between Israel and Iran entering its sixth day. Iron ore prices sank below ...

Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...

Two oil tankers collided and caught fire on Tuesday near the Strait of Hormuz. The incident occurred amid a surge in ...

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...

The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...