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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.
Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...
In the complex lattice of global geopolitics, few chokepoints are as strategically consequential as the Strait of Hormuz .
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...
There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...
India is a net importer of crude oil, with over 40 percent of its supplies sourced from Middle East nations such as Iraq, ...
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...
Middle East tensions prompt ship diversions from Strait of Hormuz as Gulf-to-China freight rates surge 24%, fuelling concerns ...
Reports indicate three ships are transmitting not under command in the Gulf of Oman near the Strait of Hormuz. NASA's FIRMS ...
The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister ...
The escalating conflict between Israel and Iran is threatening to disrupt key global shipping lanes, exposing India to ...