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

There are reports that a few shipping lines may be reassessing routes, particularly the choke point of the Strait of Hormuz, ...

Iranian lawmaker says Tehran considering closing waterway, described as ‘world’s most important oil transit chokepoint’.

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

Iran considers closing the world’s most important oil corridor following Israeli attacks and the suspension of nuclear talks ...

The UK sent jets and air tankers amid fears Iran will blockade Strait of Hormuz and spark massive oil price hikes.

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 ...

TheStreet. Kharg Island is a small island in the Persian Gulf. It lies 16 miles off the northwest coast of Iran. It's 451 ...

An Iranian Revolutionary Guard vessel watches an American warship in the Strait of Hormuz, May 19, 2023. ... which lies between Oman and Iran, is the world’s most important gateway for oil ...

Rystad Energy's Head of Geopolitical Analysis Jorge Leon said in a market update that,“Israel's strike is a shift in regional dynamics and has pushed the oil risk premium to $8 per barrel. The market ...