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 ...

LCA Tejas on fast track: GE to supply two F404 engines a month; India plans to buy Javelin missiles, Stryker vehicles, says ...

Washington's strikes on Iran stoked fears that Iran could retaliate by closing the Strait of Hormuz, a waterway between Iran and Oman through which around 20 per cent of the oil and gas consumed ...

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.

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

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

Europe's dwindling oil and gas reserves limit its ability to buffer global shocks, reinforcing the need for alternatives.

Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world's most important crude ...

Iran loaded naval mines onto vessels in the Persian Gulf last month, intensifying concerns in Washington that Tehran was ...

The Strait of Hormuz is a narrow, strategically vital waterway that carries a significant portion of the world's oil and liquefied natural gas, making it the most important energy chokepoint globally.

Crude oil prices remain subdued near $68/barrel despite recent Middle East tensions, as markets grapple with oversupply fears ...

Asked for comment about Iran's preparations, a White House official said: "Thanks to the President’s brilliant execution of ...