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The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
The escalating Israel-Iran conflict has prompted shipowners to exercise an extra degree of caution in both the Red Sea and ...
Israel launched strikes against Iran on June 13, saying it targeted nuclear facilities, ballistic missile factories and ...
Two oil tankers collided and caught fire near the Strait of Hormuz Wednesday night. Electronic interference was reported in the region.
The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...
Tensions between Israel and Iran have raised fears of disruption in the Strait of Hormuz, a vital route for global oil and ...
The Strait of Hormuz is both a vital passage point and a permanent point of tension. As long as the world depends on Oil from ...
From a logistical standpoint, re-routing crude through Gwadar to China’s western region of Xinjiang cuts shipping distance by ...
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.
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 ...