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Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...
The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world's most important oil chokepoint due to the large volumes of crude that ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iran controls the Northern side of the Strait of Hormuz, a passage which sees significant global trade pass through daily. If it so wished, Iran could block vessels from journeying through, or disrupt ...
A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...
The national oil companies of Saudi Arabia and the UAE assured Indian state-run oil companies of uninterrupted supplies ...
If things were to re-escalate, the Iranian regime could take a worst-case, most damaging counter-measure by blockading the Strait of Hormuz, the narrow waterway between Iran and Oman through which 21% ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
The Strait of Hormuz isn’t the only concern when it comes to flows of crude and other energy products out of the Middle East.
International energy traders on Sunday braced for disruptions as Iran’s parliament endorsed the closure of the Strait of Hormuz, a crucial choke point for the world’s oil supply, with the ultimate ...
The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in ...
Iran’s foreign minister warned earlier Sunday that the Islamic Republic “reserves all options to defend its sovereignty” after U.S. airstrikes.