When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

Iran's parliament approved a measure the day after U.S. airstrikes hit three of its nuclear facilities, endorsing the closure of the Strait of Hormuz, making it a possible option for retaliation ...

Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.

Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.

Key Points and Summary: Following recent US strikes on its nuclear facilities, Iran has threatened to close the Strait of Hormuz, a critical chokepoint for about 20% of global petroleum consumption.

Why It Matters: As tensions continue to flare in the region, markets are watching closely after Iran’s parliament voted to authorize a potential closure of the Hormuz Strait on Sunday.

About one-fifth of global oil and gas shipments pass through the Strait of Hormuz and a blockage would ... to make a final decision on the closure, Iran's Press TV said at the time. Iran has over the ...

Iran has already threatened to block the strait, and its parliament has reportedly approved such a move. ... UAE oil pipeline offers safe alternative in case of Hormuz closure. 3d.

Ships advised to avoid Iranian waters due to Israel-Iran conflict; Iran in past threatened Hormuz closure, affecting trade and oil prices; Electronic interference and elevated maritime threat ...

As tensions surge following Israeli strikes on Iran, fears have resurfaced that the Tehran could retaliate by targeting one of the world's most vital oil arteries — the Strait of Hormuz. The ...

The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz ...