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

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

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 ...

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 ...

Alhajji said economics would be an equally important factor ... Finally, cutting off the Strait of Hormuz would be counterproductive to Iran's relationship" with China, J.P. Morgan analysts ...

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

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

The Strait of Hormuz, a 21-mile-wide waterway, is crucial for global oil supply, with 20 million barrels flowing through daily. Israel-Iran tensions have caused concerns about oil prices to surge.