The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...

The world’s largest publicly listed oil tanker company is refusing new contracts to sail into the Gulf through the Strait of ...

The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...

According to the International Energy Agency (IEA), approximately 20 million barrels of crude oil and refined products passed ...

The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates (UAE) to the south. It connects the Persian Gulf to the Gulf of Oman, and then to the Arabian Sea.

“Closing the Strait of Hormuz or attacking energy infrastructure in the region will spike energy prices, turn all their ...

Rystad researchers conclude there is a lower probability of the conflict escalating into a full-blown war and causing a huge ...

The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption passes through it. Israel-Iran strike news: The tension between Israel ...

Iran is considering closing the Strait of Hormuz, Iranian news agency IRINN ... which the agency describes as the “world’s most important oil transit chokepoint”. At its narrowest point ...

Tehran is seriously considering the possibility of closing the Strait of Hormuz to shipping, which will greatly affect world ...

The Strait of Hormuz might look like just a narrow stretch of water, but it’s one of the most important routes for the ...

Strait of Hormuz is used for exporting crude oil to Asia by members of OPEC including Saudi Arabia, Iran, the United Arab ...