About 21mn barrels of oil from Iran, Iraq, Kuwait, Saudi Arabia, Qatar and the United Arab Emirates pass daily through the narrow waterway separating the Islamic republic from the Gulf states, ...

The Strait of Hormuz is considered the world's most important gateway for oil transport. Hostilities between Iran and Israel ...

The intensifying conflict between Israel and Iran has led to tanker owners halting offers for Middle East oil routes, causing ...

Market watchers believe a full-scale disruption of global oil flows by closing the waterway is unlikely, and might even be ...

Oil prices are expected to remain capped below $80 per barrel despite the escalating conflict between Israel and Iran, according to Rystad Energy, with a potential US stabilizing role and the unlikely ...

News of Israel’s attacks caused oil prices to climb, amid concerns that Tehran might retaliate by closing the Strait of ...

While there has been no impact so far on Iran’s oil exports, the escalation of the conflict to energy infrastructure is likely to worry investors. The concern is that Iran may retaliate either by ...

In 2022, oil flow in the Strait of Hormuz averaged 21 million barrels per day, according to the U.S. Energy Information Administration (EIA). That's the equivalent of about 21% of the global crude ...

The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies. Read more at The Business Times.

As the conflict in the Middle East escalates, so does the risk of disruption to the flow of oil through ... the Strait of Hormuz might have consequences resembling the oil shock of the 1970s ...