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According to the International Energy Agency (IEA), approximately 20 million barrels of crude oil and refined products passed ...
As military hostilities keep worsening between Iran and Israel, Tehran is threatening to close the Strait of Hormuz. The strategic waterway is the ‘world’s most important oil transit chokepoint’ — rou ...
Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.
The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The ...
Tehran is seriously considering the possibility of closing the Strait of Hormuz to shipping, which will greatly affect world ...
Several social media users cited photos to claim that three ships were on fire in the Gulf of Oman, near 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, ...
“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...
Israel's air strikes on Iran are unlikely to cause a major disruption to oil supply, and market analysts believe a full-scale ...
Rystad researchers conclude there is a lower probability of the conflict escalating into a full-blown war and causing a huge ...
Oil prices were stable on Monday after Iran's oil production infrastructure was excluded from intensification of military ...