News

The Iranian government reveals its plan to close the Strait of Hormuz, a crucial waterway responsible for 20 percent of the ...
Discover the Strait of Hormuz: its map, critical importance, key facts, and role as a vital chokepoint for global oil transit ...
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 Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...
Cargo movement through the Strait of Hormuz has marked a small decline, but there’s been no major disruption to key oil ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Iran is seriously considering closing the strategic Strait of Hormuz after launching missile attacks on Israel, threatening a ...
Could the Strait of Hormuz close amid an Iran–Israel war? Understand the potential impact on global oil supply.
Amid the ongoing tensions between Israel and Iran, ExxonMobil's CEO says there's enough spare capacity to offset any Iranian ...
As the conflict escalates, container shipping faces growing risks from a potential chokepoint closure, rising insurance costs ...
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
Iran has threatened to block the Strait of Hormuz on several occasions over the years, including in January 2012 in ...